Hedge Funds Anticipate Peloton IPO

Tiger Global and Balyasny have invested in the exercise bicycle company for several years.

Photo by Johannes Berg

Photo by Johannes Berg

Another unicorn has filed plans to go public — and at least two hedge funds are poised to benefit once the stock begins trading.

Peloton said a few days ago it has confidentially submitted its S-1 registration with the Securities and Exchange Commission to list its shares.

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