Swedish Private Equity IPOs – annual return of 8 %

Since 2001 there has been over 50 listings on the Stockholm Stock Exchange. During this period, private equity sponsored close to 50 % of all listings. The current (December 2014) market capitalization of the private equity initial public offerings (IPOs) is close to 180 billion SEK.

Private equity IPOs have generally been good investments with an average yearly return of 8 %. This is better than the market and as good as/better than non PE IPOs.

There is no evidence of market timing from PE IPOs compared to non PE IPOs.