IPOs As Exit Strategy For Private Equity Funds

Law360, New York (August 10, 2010, 12:08 PM EDT) -- Although private equity firms primarily have been sitting on the sidelines and evaluating their exit options for the last 24 months, they continue to monitor the initial public offering market as a potential exit opportunity.

According to data reported by Thompson Reuters, more than 20 venture-backed IPOs were completed in the first six months of 2010, but only three of those offerings priced above their filing range. The number of IPOs completed so far in 2010 is higher than last year, but during this first six-month...
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