Schuster Sees Market Opportunity for Private Equity IPOs

Jan. 3 (Bloomberg) -- Josef Schuster, the Chicago-based founder of IPOX Schuster LLC, talks about...  More »

Jan. 3 (Bloomberg) -- Josef Schuster, the Chicago-based founder of IPOX Schuster LLC, talks about the outlook for initial public offerings from private equity firms trying to sell some of their biggest leveraged buyouts. More than two dozen companies owned by private equity firms have registered with the Securities and Exchange Commission to sell $14 billion of shares in IPOs, or 53 percent of the amount on file, according to data compiled by Bloomberg. The total is more than double the $6.6 billion raised in 2010, when their initial offerings accounted for 15 percent of sales. Schuster speaks with Matt Miller on Bloomberg Television's "Street Smart." (Source: Bloomberg)  « Less