Growth Equity Watch - December 2023

We are excited to share with you the December edition of "Stableton Growth Equity Watch" report. This publication offers an outlook on the growth equity landscape, highlighting some significant trends and events.

Key takeaways from this month's report include:

• Secondary funds, whose strategy consists of purchasing existing fund stakes at discounts, are poised to raise a record amount.

• VC and growth secondaries recorded the steepest growth by raising over $5 billion in Q3.

• Valuation multiples of recent IPOs are edging higher, which typically entices companies to go public.

• Tech IPOs from ARM Holdings, Klaviyo, and Instacart could set the stage for a broader reopening in 2024.

To delve deeper into these insights and more, check out the latest "Stableton Growth Equity Watch" report below.