BNN Bloomberg – Discussing the North American IPO Market with AIP CEO, Jay Bala

Jun 17, 2025

The IPO market is poised for a revival, driven by lower interest rates and a potential shift in market sentiment. AIP Asset Management CEO Jay Bala discussed this trend with BNN Bloomberg’s Amber Kanwar, noting that there are over 1,200 unicorn pre-IPO companies with a combined market cap of $3 trillion. These pre-IPO firms represent a distinct asset class that deserves serious consideration for an allocation in a well-diversified portfolio, given their potential for significant growth as they approach public listings.

 

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About AIP

Founded in 2013, AIP Asset Management has earned a reputation for its innovative approach to convertible private debt investing, aiming to protect principal investments while gaining market exposure to small-cap companies. Based in Toronto, AIP is a leading credit manager in North America, with a team of professionals boasting over 100 years of combined experience in direct lending, private equity, and capital markets.

For further information, please contact:

AIP Asset Management Inc.
invest@aipassetmanagement.com
416-601-0808

 

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