Private equity firms are having a harder time exiting their investments through sales or IPOs.
Deals are becoming more difficult to finalize and buyers and sellers are taking longer to come together, according to managers.
Robinhood's is among the worst high-profile global stock market debuts since the onset of the pandemic.
Pulled deals are piling up under pressure from roiling markets.
Wise chose London over New York for its direct listing.
The boom has been fueled by a torrent of cash that central banks have pumped into the economy and the rise of individual investors.
Some ESG investors are having second thoughts about blank-check firms that have flooded the market.
The two new billionaires achieved their lofty wealth by owning shares of a digtal-ready bank.