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CRBG News

IPO investors crave carve-outs with 2 more teed up after Thanksgiving

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Soon after families carve up the Thanksgiving turkey, the US IPO market will see its own large carve-outs.Spin-offs have been a recurring theme over the past couple years, and recent filings from ZEEKR (ZK) and UL Solutions (ULS) signal that the trend is...read more

Kenvue is the IPO market's latest spin-off; here's how past spin-offs have performed alongside former parents

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In what would be the largest US IPO since late 2021, Kenvue (KVUE) is slated to raise $3.3 billion, more than doubling YTD IPO proceeds. It's scheduled to begin trading this week. Being spun out of Johnson & Johnson, consumer health giant Kenvue is...read more

Updated: Renaissance Capital's 2022 US IPO Market Review

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The IPO Market Flips from Boom to Bust in 2022After the prior year’s record activity, the 2022 US IPO market ground to a halt as the war in Ukraine, a valuation correction in high-multiple stocks, historic interest rate hikes, and looming fears of a...read more

Updated: Renaissance Capital's 3Q 2022 US IPO Market Review

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IPO Market Misfires in the Slowest 3Q in Over a Decade It was the worst third quarter for new issuers in over a decade, with 25 IPOs raising $2.4 billion as the 2022 US IPO market remains on track to raise the lowest proceeds of any year in our firm's 30+ year...read more