Market Needs to Broaden for IPOs to Fully Return, Says EQT’s Liu
- Private equity returning to holding assets longer: Eric Liu
- Buyout firm’s head of North American PE speaks on Bloomberg TV
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The overall equity market isn’t yet ready to support initial public offerings after they begin trading, according to Eric Liu, EQT AB’s head of North American private equity.
Despite reaching all-time highs, US equities are dominated by the so-called Magnificent Seven and trading in others is thinner, the partner and co-head of the firm’s global health care sector team told Bloomberg Television on Thursday.