Global IPOs: Resilience in Volatile Markets – EY Report
- The global IPO market is showing signs of life, with activity in the third quarter of 2024 exceeding the first half of the year.
- The Americas and EMEIA regions have proven especially resilient.
- A growing backlog of portfolio companies held by private equity and venture capital firms is poised to enter the public market.
Global IPOs are demonstrating unexpected resilience, according to a recent EY report, despite facing market volatility and economic shifts. While the number of Initial Public Offerings dipped slightly in the third quarter of 2024, proceeds surged, signaling a cautious optimism. Discover how cross-border listings and private equity-backed deals are reshaping the landscape and driving this rebound. News Directory 3 details the regions to watch,like EMEIA,where IPO proceeds are considerably up. Anticipate a wave of new companies entering the public market. What factors will shape the coming months for IPOs? Discover what’s next for global markets.
Global IPOs Show Resilience Amid Market Volatility, Economic Shifts
Updated May 26, 2025
The global IPO market is showing signs of life, with activity in the third quarter of 2024 exceeding the first half of the year. According to an EY report, while the number of IPOs decreased by 14% year-over-year to 310, proceeds jumped 35% to $24.9 billion.This increase suggests a cautiously optimistic outlook amid ongoing economic uncertainty.
The Americas and EMEIA regions have proven especially resilient. EMEIA’s IPO proceeds rose by 45% compared to the same period last year, helping to offset the global market’s overall downturn. This regional strength highlights the uneven nature of the current economic landscape.
A growing backlog of portfolio companies held by private equity and venture capital firms is poised to enter the public market. The report suggests that more PE-backed mega IPOs and VC-backed unicorns are on the horizon, driven by more favorable valuation levels.
Cross-border listings have also seen a meaningful uptick. Seventy-seven companies chose to list abroad in the first three quarters of the year, a 20% increase from 64 during the same period last year. Foreign-domiciled issuers now account for approximately 52% of IPOs on U.S. exchanges, the highest level in two decades.
Investors are gearing up for a more volatile second half of 2024. As inflation and interest rates recede, other emerging factors are taking precedence in influencing IPO decisions.In this environment of heightened uncertainty, well-timed market entries and compelling equity narratives are crucial for businesses looking to capitalize on IPO opportunities.
What’s next
Looking ahead, the IPO market faces a complex mix of opportunities and challenges.As economic conditions evolve, companies seeking to go public will need to carefully time their market entries and present compelling equity narratives to attract investors.