<description>&lt;p&gt;The Federal Reserve’s bumper half-point rate cut in September has opened an unexpected pre-election window for sponsors seeking to list portfolio companies in an IPO.&lt;/p&gt;&lt;p&gt;Sponsors Carlyle Group [NASDAQ: CG] and Partners Group [SWX: PGHN] saw a window following the Fed cut and ran through it without a second thought to the next occupant of the White House, ahead of a 50/50 Presidential election on 5 November.&lt;/p&gt;&lt;p&gt;Mergermarket's North American equity capital markets (ECM) senior reporter Cristiano Dalla Bona joins Dealcast host Julie-Anna Needham to discuss why the sponsors were able to shake off the political risks.&lt;/p&gt;&lt;ul&gt;&lt;li&gt;Will Platinum Equity follow Carlyle Group and Partners Group’s example with an IPO for Ingram Micro?&lt;/li&gt;&lt;li&gt;What was the mood in the US ECM like before the Fed rate cut?&lt;/li&gt;&lt;li&gt;How will the IPO market react to different outlooks in 2025 depending on who wins the election?&lt;/li&gt;&lt;/ul&gt;</description>

Dealcast: The M&A Podcast

ION Analytics

US IPO market springs to life despite tense election

OCT 22, 202410 MIN
Dealcast: The M&A Podcast

US IPO market springs to life despite tense election

OCT 22, 202410 MIN

Description

The Federal Reserve’s bumper half-point rate cut in September has opened an unexpected pre-election window for sponsors seeking to list portfolio companies in an IPO.

Sponsors Carlyle Group [NASDAQ: CG] and Partners Group [SWX: PGHN] saw a window following the Fed cut and ran through it without a second thought to the next occupant of the White House, ahead of a 50/50 Presidential election on 5 November.

Mergermarket's North American equity capital markets (ECM) senior reporter Cristiano Dalla Bona joins Dealcast host Julie-Anna Needham to discuss why the sponsors were able to shake off the political risks.

  • Will Platinum Equity follow Carlyle Group and Partners Group’s example with an IPO for Ingram Micro?
  • What was the mood in the US ECM like before the Fed rate cut?
  • How will the IPO market react to different outlooks in 2025 depending on who wins the election?