- Insurance underwriter TFP Group, known as The Fidelis Partnership, filed for a US initial public offering, joining a fall listing window that has yet to gain momentum.
- Only four companies have gone public after Labor Day in September 2026, versus typical expectations for a strong fall IPO window, as surging bond yields and a tightening rate environment weigh on risk appetite.
- The Fidelis Partnership is backed by Blackstone, giving the private equity firm a potential exit pathway through the listing.
Quotes
“We're just seeing a valuation mismatch between issuers and buyers”