Mid-sized IPOs missing from US rebound

Of the 76 US IPOs so far this year, deals raising between US$100mil and USS$500mil accounted for roughly 29% of the overall volume. — Reuters

NEW YORK: The recovery in the US initial public offerings (IPOs) market is underway, with deal volumes growing year-on-year and sentiment improving.

Yet one key element of an upswing is noticeably absent: mid-sized deals.