In the history of American IPOs, Blackstone (NYSE: BX) is in the top 10. Or, to be more specific, the ranking is #6. The biggest IPO? It was AT&T Wireless, which had its offering in the bubble year of 2000. The company raised about $10.6 billion.
In fact, the top five IPOs occurred between 1998 and 2002.
According to a piece in the Wall Street Journal [a paid service], it also looks like KKR is prepping for an IPO. If so, I suspect it will be on the top 10 list as well. And, if other private equity firms go public – like Carlyle, TPG, and Apollo Management – we may see a list full of such firms.
Interestingly enough, Goldman Sachs Group Inc. (NYSE: GS) raised only about $3.7 billion in 1999.
If you want to see the top 10 list, click here.
Tom Taulli is the author of various books, including the Complete M&A Handbook and the EDGAR-Online Guide to Decoding Financial Statements.
