Four IPOs raised $1.2 billion during the past week, the third week in a row with five or less. Year-to-date, the IPO market has seen 235 initial public offerings raise $75 billion. The week's energy, health care, finance and consumer IPOs saw moderate returns,...read more
Fifth Street Asset Management, a credit-focused alternative asset manager with $5.6 billion in AUM, raised $102 million by offering 6 million shares at $17, as expected. The company had originally planned to raise $200 million by offering 8 million shares at $24...read more
Fifth Street Asset Management, a credit-focused alternative asset manager with $5.6 billion in AUM, revived plans for an upcoming IPO on Tuesday and lowered the proposed price and shares offered. The Greenwich, CT-based company now plans to raise $102 million by...read more
Fifth Street Asset Management, a credit-focused alternative asset manager with $5.6 billion in AUM, postponed its IPO on Wednesday citing market volatility. The Greenwich, CT-based company was founded in 1998 and booked $88 million in sales for the 12...read more
US IPO Weekly Recap: Boots, barrels and busts
Four IPOs raised $1.2 billion during the past week, the third week in a row with five or less. Year-to-date, the IPO market has seen 235 initial public offerings raise $75 billion. The week's energy, health care, finance and consumer IPOs saw moderate returns,...read more
Fifth Street Asset Management prices IPO at $17
Fifth Street Asset Management, a credit-focused alternative asset manager with $5.6 billion in AUM, raised $102 million by offering 6 million shares at $17, as expected. The company had originally planned to raise $200 million by offering 8 million shares at $24...read more
Fifth Street Asset Management revives $100 million IPO with a lower valuation and deal size
Fifth Street Asset Management, a credit-focused alternative asset manager with $5.6 billion in AUM, revived plans for an upcoming IPO on Tuesday and lowered the proposed price and shares offered. The Greenwich, CT-based company now plans to raise $102 million by...read more
Fifth Street Asset Management pulls IPO, citing market volatility
Fifth Street Asset Management, a credit-focused alternative asset manager with $5.6 billion in AUM, postponed its IPO on Wednesday citing market volatility. The Greenwich, CT-based company was founded in 1998 and booked $88 million in sales for the 12...read more