van Frederikslust, Ruud; van der Geest, Roy - In: Journal of Financial Transformation 10 (2004), pp. 121-127
of 38 private equity-backed IPOs and 68 non-private equity-backed IPOs in the period 1985-1998 on the Amsterdam Stock … Exchange. We find that private equity-backed firms outperform non-private equity-backed firms. In tests using several … comparable benchmarks, private equity-backed firms show less underpricing than non-private equity-backed firms, however the …