What is the outlook for US IPO proceeds in 2026?

US IPO proceeds are forecast to reach $160 billion in 2026, which is more than three times the amount raised last year.

How did Blackstone perform in Q4?

Blackstone's Q4 net exits surged 59% to their highest level in over three years, and distributable earnings rose 3%.

What risks are associated with the upcoming IPO market?

A significant risk is the heavy weighting of software companies in the IPO pipeline, which could impact total issuance volume.

Home / Business and Economy / IPO Market Poised for Surge: $160B Expected in 2026

IPO Market Poised for Surge: $160B Expected in 2026

27 Feb

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Summary

Private equity funds show gradual recovery through Q3 2025.
Blackstone's Q4 realizations surged 59%, highest in over three years.
US IPO proceeds projected to reach $160 billion in 2026.

IPO Market Poised for Surge: $160B Expected in 2026

Private equity funds are experiencing a recovery through Q3 2025, with venture capital showing strong gains. However, the S&P 500's decade-long returns present a challenge to the private equity investment case.

Blackstone exceeded expectations in Q4, with net exits increasing by 59% to their highest level in over three years. Distributable earnings saw a 3% rise, surpassing analyst forecasts. The firm has substantial capital available for deployment and intends to pursue IPOs for companies like Jersey Mike's and Entrata. Blackstone is also increasing its investment in AI startup Anthropic.

Goldman Sachs strategists predict a significant rebound in US IPO activity, forecasting $160 billion in proceeds for 2026, more than triple last year's amount. This projection is supported by expectations of solid economic activity and favorable monetary policy. However, a heavy concentration of software companies in the IPO pipeline poses a risk to total issuance volume.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.