Exchange-Listed Hedge Funds’ Surprising Survival Rates
Monday, March 15, 2010 : PermalinkSeekingAlpha – Given the market disaster that was 2008, one would expect that any alternative investment firm that dipped its toe into the equity offering market is worse for the wear for becoming publicly held.
From London-based and London Stock Exchange-listed Marshall Wace on down to the many littler guys who lined up to list on the Irish exchange and others, both for permanent capital raising and for getting the rubber-stamp approval of being listed, it’s been a kind of given that in hindsight the efforts of going public weren’t really worth it.
