Anthony Hughes is senior reporter, equities, for IFR where he covers developments in US equity capital markets. He previously worked as a financial reporter and columnist for the Australian Financial Review and, prior to that, as investment editor at the Sydney Morning Herald.
Bankers are expecting block sales to pick up significantly in the coming weeks as private equity firms take advantage of stock market strength and the end of first-quarter earnings blackouts to monetise some of their largest public stock holdings.
Dell cybersecurity software arm SecureWorks fizzled on its debut last week after investors showed little inclination to get behind the first tech IPO of 2016.
SecureWorks, the cybersecurity software arm of computer hardware giant Dell, is vying this week to become the first tech IPO of 2016 but will do so without demanding the hefty multiples that software investors have become accustomed to in recent years.