BNN Bloomberg – Discussing the North American IPO Market
Oct 02, 2024
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, CFA, 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. Access Pre-IPOs.