Renaissance Capital logo

ACT News

The IPO Index reached a two-year high this week. Here are the biggest winners.

Enact Holdings logo

The Renaissance IPO Index has had a positive start to the third quarter, and this week reached its highest level since April 2022. Prior to yesterday’s sell-off, markets rallied from the past week as a cool inflation report and positive...read more

US IPO Weekly Recap: The Fall IPO market is in full swing with an 11 IPO week

TWKS

The IPO market was full steam ahead this past week as 11 IPOs came to market. SPAC activity remained steady with seven blank check IPOs. New filers continue to pour into the IPO pipeline, with 15 IPOs and eight SPACs submitting initial filings. Tech consultancy...read more

Genworth's mortgage insurance spinoff Enact Holdings prices IPO at $19 low end

Enact Holdings logo

Enact Holdings, a private mortgage insurance company being spun out of Genworth Financial, raised $253 million by offering 13.3 million shares (100% secondary) at $19, the low end of the range of $19 to $20. Bayview Asset Management agreed to purchase 14.7...read more

Mortgage insurance spinoff Enact Holdings relaunches $260 million IPO

Enact Holdings logo

Enact Holdings, a private mortgage insurance company being spun out of Genworth Financial, announced terms for its IPO on Monday. The company previously postponed its $497 million IPO in May 2021.  The Raleigh, NC-based company now plans to raise $260...read more