Ahead of the curve – Late-stage growth: a growing priority in PE portfolios
With additional options to fund growth outside of an initial public offering (IPO), start-ups are staying private longer. The average age at which venture capital-backed companies go public has increased from about 4.5 years during the 1990s to about 6.5 years today.
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IPE covers a good variety of very current and relevant topics. It is good to read the high-level, independent and objective perspectives from pension funds in other European countries; many of them are dealing with the same issues as we are, so it is interesting to learn from their experiences, especially when they are ahead of where we are on the curve.
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