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..., where more capital is needed....
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...Capital One’s market cap is $52bn and it expects this combination to be transformative enough to boost earnings per share by more than 15 per cent in 2027....
...But that would require substantial monetary policy easing, market stabilisation without a recession, a reopening of the IPO window; a burst of (delayed) exits to the public markets....
...*Ignites Europe is a news service published by FT Specialist for professionals working in the asset management industry. Trials and subscriptions are available at igniteseurope.com....
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...sudden market reversals....
...At the core of the issue is exits,” said Kaidi Gao, a venture capital analyst at PitchBook....
...It gives them a higher profile, access to capital and — over the long term — offers founders and employees the chance to sell their holdings....
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