The equity capital markets experienced an increased level of activity in 2023 with ~$174bn pricing across IPOs, follow-ons, blocks and converts, up nearly 70% vs. 2022. A surge in Q4 2023, driven by decelerating inflation and resulting expectations for Fed rate cuts in 2024, has created a positive foundation for 2024 issuance. Get our full Market Update & Outlook for more details on:
- Gains in the major indices going into year-end
- Predictions for straight debt and convertible markets
- IPO markets in the face of the upcoming election
Download the full Equity Capital Market Review and 2024 Outlook.
