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U.S. Monthly IPO Filings at 3-Year High, Renaissance Says

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Monthly filings for U.S. initial public offerings in April are at the highest in more than three years as companies including Jiayuan.com International Ltd. and BrightSource Energy Inc. seek to raise capital, Renaissance Capital LLC said.

New filings for U.S. IPOs total 31 so far this month, the most since 40 companies registered to go public with the U.S. Securities and Exchange Commission in August 2007, Renaissance, an IPO investment firm, said on its website today.