Bloomberg | Traders embrace risk, leaving private equity’s IPOs in the dust

The shares of private equity-backed companies that have done recent initial public offerings are flailing as investors seek out riskier parts of the market.

Jay Ritter, professor emeritus at the University of Florida, said that companies majority owned by buyout firms are “more aggressive at trying to get top dollar for the IPO rather than leave money on the table”.

Read more in this story from Bloomberg.