General Atlantic targets $10 billion valuation in 2027 IPO plan
Article excerpt
Highlighted: the sentence this signal was extracted from
General Atlantic is reviving its IPO plans after shelving them in 2022-23 due to market turmoil. The private equity firm has hired JPMorgan, Goldman Sachs, and Morgan Stanley to lead the offering, targeting a debut as soon as this year. The firm manages approximately $129 billion in assets under management as of June 30, 2026, and is moving forward amid a 646% surge in U.S. IPO proceeds in H1 2026. *this image is generated using AI for illustrative purposes only. Private equity firm General Atlantic is making a second run at going public, reviving IPO plans that collapsed in 2022-23 amid market turmoil. The New York-based company has hired a trio of big-name investment banks - JPMorgan, Goldman Sachs, and Morgan Stanley - to work on the offering, Bloomberg reported. A debut is targeted as soon as this year, with the firm holding preliminary meetings with potential investors. The collaboration signals a strategic effort to capitalize on strengthening investor demand in public markets. General Atlantic previously worked with advisers in 2022 and filed confidentially for an IPO the following year. The firm ultimately decided not to go public due to high inflation and rising interest rates, Reuters reported at the time. By leveraging the underwriting capabilities of JPMorgan, Goldman Sachs, and Morgan Stanley, General Atlantic seeks to streamline the process for its listing...
Keep reading with a free account
The rest of this article, and every signal for Morgan Stanley, is in your free account.
