Browsing: IPOs

Posts Tagged ‘ IPOs ’

Will the 2020 SPAC IPOs Boom Continue?

Jun 2nd, 2021 | Filed under: Featured Post, Private Equity, Newly Added, Hedge Funds

By Wu Guowei Jack, CFA, CAIA, Director, Content APAC, CAIA Association  2020 was a boom year for Special Purpose Acquisition Company (SPAC) listings. An annual total of US$ 83 billion was raised, accounting for 46% of total US IPO proceeds and 55% of the total number of US IPOs. The momentumRead More


To SPAC or Not To SPAC

Apr 14th, 2021 | Filed under: Featured Post, Private Equity, Newly Added

A Guide to SPACs for Arbitrageurs, Shareholders, and Private Companies By Keith Black, PhD, CFA, CAIA, Managing Director of Content Strategy, CAIA Association There has been tremendous activity in the SPAC market in 2020 and 2021, a time when more than half of the IPO activity has been attributable to theRead More


More ‘Greater Fools’ After WeWork

Nov 14th, 2019 | Filed under: State of the Industry, Featured Post, Private Equity, Private Debt, Newly Added, Asset Allocation

The term “greater fool theory” refers to the many circumstances in which speculators buy a (potentially) productive asset, basing their buy decision not on the asset’s operational value, but on the notion that there is a “greater fool” out there who will pay even more. The term refers, then, toRead More


Why Fintech May Not Be Fit for Public Consumption

Jun 11th, 2019 | Filed under: State of the Industry, Featured Post, Private Equity, Newly Added

Why are there so few fintech IPOs? That’s the topic of a new Pitchbook study. The year 2019 seems set to be a record-setting one for venture capitalist exit value capture by means of tech IPOs. The successful exits thus far may be charged to the VCs with positions inRead More


Venture Capital Today: Tied to a Single Misleading Narrative

Mar 27th, 2019 | Filed under: State of the Industry, Featured Post, Private Equity, Newly Added

The March 2019 issue of Venture Capital includes a largely pessimistic article about “the evolving environment for the formation and financing of new firms.” Written by Martin Kenney and John Zysman, the article bears the title ”Unicorns, Cheshire Cats, and the New Dilemmas of Entrepreneurial Finance.” Kenney and Zysman areRead More


The Crypto ‘Bubble’ as Seen From Boston College

Jul 5th, 2018 | Filed under: Emerging Asset Classes, State of the Industry, Access to Alternatives, Featured Post, Newly Added, Asset Allocation

Two scholars affiliated with Boston College, Carroll School of Management, have published a study of initial coin offerings (ICOs), that has given a mixed verdict on the common contention that cryptocurrencies in general and ICOs in particular constitute a “bubble” akin to, say, 17th century tulips or the mortgage derivativesRead More