General Atlantic confidentially files for U.S. initial public offering: Bloomberg
General Atlantic, the 43-year-old private-equity firm that invested in Meta Platforms Inc. (META) and many other blockbuster companies before they went public, has filed a confidential initial public offering, Bloomberg reported Monday. General Atlantic could go public some time in 2024 depending on market conditions, the report said. The firm did not immediately reply to an email from MarketWatch. Several private-equity firms went public in the early 2000s, and in early 2022 TPG Inc. broke something of a drought in private-equity stock debuts with its IPO.
-Steve Gelsi
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12-11-23 1513ET
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