Unprecedented Appetite for IPOs Fueled by Family Office Investments

Family Office Marketplace > News > Unprecedented Appetite for IPOs Fueled by Family Office Investments

Unprecedented Appetite for IPOs Fueled by Family Office Investments

Palm Beach, FL – (May 27, 2021) – Interest in Initial Public Offerings (IPOs) is at an all-time high with family offices and high net worth private investors racing to get in on the action, according to Family Office Networks, a community of 10,000+ global family offices. 

“There were 480 IPOs on the US stock market in 2020, an all-time record. This is +106.9% more than in 2019 with 232 IPOs. It is also 20% higher than the previous record IPO year of 2000, which had 397. 2020 Examples include: Palantir, up 287% after going public at $7.25; Lemonade, up 331% after pricing its IPO at $29; and FuboTV, up 342%, according to Fool.com. We’re confident that this momentum will continue in 2021 as there have been 464 year to date. Family offices have been one of the biggest participants and will increase their IPO investments exponentially in the months ahead, especially with other IPOs such as Robinhood and Instacart on the horizon,” said Family Office Networks Founder and Chairman Andrew Schneider. 

“In a market that’s just continuing to recover from the pandemic, we’ve seen a number of important trends such as the emergence of SPACs, a vibrant Capital Markets calendar, and an opportunistic secondary market. Family offices are keen to identify and invest in Venture backed Unicorns with the potential to outperform and are actively seeking great opportunities,” said Edward T. Gibstein, CEO of Cova Capital Partners LLC, and Manager of the Big Sky Opportunities Fund, a corporate finance professional based in New York.  

In addition to seeking out private investments in the hedge fund space, family offices are also using the latest technology to identify and execute private placements in alternative investments, including hedge funds, private equity, real estate, PIPEs, venture capital and direct deals. FON Marketplace has become the fastest growing platform in the family office space. More family offices are joining because it is a one-stop shop where they can get news on family offices, luxury and investment opportunities and issuers who are trying to raise money are listing on FON Marketplace as a new way to access 70,000 ultra-high-net worth and 5,000+ family offices. 

If you are a family office seeking to invest in IPO’s or Secondary Market opportunities, please contact [email protected] for more information.

 

About Family Office Networks

Family Office Networks is the premier global community for families to share information and intelligence. The team works with a select group of top tier investment managers and sponsors who offer substantial families’ access to stellar investment opportunities in areas such as real estate, venture capital, private equity, and hedge funds. In addition, Family Office Networks shares timely thought leadership on topics related to portfolio management, philanthropy, multi-generational wealth management, compliance and regulation, risk management, insurance, training and education. The website www.familyofficenetworks.com is the hub of Family Office Networks with 500,000 users, including 10,000 family offices, and is a go-to resource for news related to family offices.