The IPO market has ‘lost a lot of relevance,' says Swiss asset manager Partners Group

  • 📰 NBCDFW
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 63%

United States News News

United States Latest News,United States Headlines

The IPO market has lost a bulk of its relevance in the real economy, but there “absolutely enormous” opportunities are abound in the health-care sector.

In recent years, public markets have shrunk, and the focus on recent listings has been on companies with"unproven profitability," Partners Group said in a separate email to CNBC.last year, the management consultancy said the private equity sector"[outperformed] public market equivalents" by nearly any measure in the past decade.

Asked whether Partners Group will someday open up the window for retail investors to tap into the private equity market, Meister said it's already happening, marking a"democratization" of the private market industry.'Absolutely enormous' opportunities?There will be a"complete redistribution" of profit pools away from small molecules, chemical products to large molecules, advanced therapies and biologics, he said.

Meister also highlighted the advent of artificial intelligence and its role in transforming the economy.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 288. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Goldman Sachs is in the spotlight as tech firms test IPO marketThe drought in tech IPOs the past 18 months is about to break — and it’s a key moment for leading advisor Goldman Sachs.
Source: NBCNewYork - 🏆 270. / 63 Read more »

Swiss students have broken the 1-second EV acceleration markCalled 'Mythen,' a new Swiss electrical race car has just broken the one-second mark for 0 to 60 mph EV acceleration record.
Source: IntEngineering - 🏆 287. / 63 Read more »

Goldman Sachs is in the spotlight as tech firms Arm and Instacart test IPO marketThe drought in tech IPOs the past 18 months is about to break — and it’s a key moment for leading advisor Goldman Sachs.
Source: NBCNewYork - 🏆 270. / 63 Read more »

Arm IPO: Separating the hype from the realityArm Holding’s IPO is set to be the biggest initial public offering since EV maker Rivian went public in 2021.
Source: MarketWatch - 🏆 3. / 97 Read more »

After Birkenstock's ‘Barbie' bump, iconic footwear brand seeks a big part in IPO marketIconic footwear brand Birkenstock is planning to go public at a time when tech IPOs including Arm and Instacart are hoping to give the IPO market a jolt.
Source: NBCPhiladelphia - 🏆 569. / 51 Read more »