Four Hedge Fund Firms Poised to Gain From IPO Resurgence
Known for their investments in private companies, D1, Perceptive, Farallon and Cormorant are eyeing six IPOs this week.
The IPO market is heating up again.
At least 16 companies are expected to go public this week, according to Renaissance Capital.
And at least four hedge fund firms are poised to benefit from six of the IPOs. They include Tiger Grandcub D1 Capital Partners, which has sizable stakes in two of the companies, and Perceptive Advisors, whose blank check company is among the 16 issuers, according to the regulatory filings.