One private equity underwriter (PEU) has a number of IPO's in the pipeline. The Carlyle Group's "great cash in" continues.The total value of buyout-backed IPOs priced globally since January has reached $19.7bn across 84 deals, according to data provider Dealogic.
The figure is just over eight times higher than the $2.4bn across eight deals for the same period last year and about double the $9.8bn across 39 deals priced between January and August 2008, the months before Lehman went bankrupt sparking the worst turn of the credit crisis.