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Renaissance Capital's 2014 Global IPO Annual Review

BABA

Supported by stable equity returns, global IPO issuance reached the highest levels since 2010. Annual IPO proceeds increased 48.7% to $204.8 billion. North America was the largest contributor to IPO issuance with the United States accounting for 39% of global proceeds. Europe, the Middle East and Africa also experienced jumps in IPO proceeds after facing struggles in recent years...read more

Renaissance Capital's 2014 US IPO Annual Review

BABA

Over the last year, the US IPO market set a 14-year record against a mostly low-volatility backdrop. With 273 IPOs, 2014 was the most active period of issuance since 406 companies went public in 2000. It was the second year of uninterrupted IPO activity, up 23% over 2013, due to a doubling of biotech issuance. Proceeds of $85 billion, inflated by Alibaba’s $22 billion offering...read more

Renaissance IPO Index - Notice of December 2014 Quarterly Changes

BABA

The Renaissance IPO Index (Ticker: IPOUSA), the underlying index for the Renaissance IPO ETF (Ticker: IPO), will implement the following constituent changes at the market’s close on Friday, December 19, 2014: Additions: LendingClub LC (LC) Paramount Group (PGRE) VWR (VWR) Removals: Constellium Holdco BV (CSTM) Grana y...read more

Swedish office space: Polar Star Realty Trust sets terms for $500 million IPO

Polar Star Realty Trust, a REIT formed to own office and industrial property in Norway and Sweden, announced terms for its IPO on Monday. The New York, NY-based company plans to raise $500 million by offering 43.5 million shares at a price range of $10 to $13. At the midpoint of the proposed range, Polar Star Realty Trust would command a fully diluted market value of $800 million. ...read more