Atlantic flight to IPO (land)

US private equity group General Atlantic, a leading growth equity investor, has apparently made a confidential filing with the US Securities and Exchange Commission as it considers an initial public offering. This is thought to be an early sign of interest, and will depend on whether the firm feels the market conditions improve. It could be a swell move, bringing General Atlantic in to the same public corporate sphere as KKR and Carlyle Group. Though it has to be said, the current IPO market has hardly been ‘awash’ with activity. Still, the fact that preliminary steps have been taken is noteworthy. Will it be a case of ‘Surf’s Up?’ Keep your eyes on the IPO forecast next year.