IPOs have fallen out of fashion over the past two decades as more private capital is looking for fledging tech stocks that are working to repeat the success of Apple, Amazon and Google.
Add to that cheap debt, and the public markets are looking a little threadbare as more of their constituents are taken private.
But could a public listing be an attractive option for companies to raise growth capital once again?
This month’s cover story looks at whether IPOs are coming back into fashion.
This edition also examines why institutional investors are driving growth in private equity, how insurers could invest their capital this year and the importance of protecting the natural world. portfolio institutional also sits down with Aoifinn Devitt to discuss her new role as chief investment officer at London CIV, while Now Pensions’ head of sustainability talks about making a real impact.
We hope you enjoy the edition.
