Goldman Sachs' IPO backlog 'as high as it has ever been': IPO chief

Listings poised for comeback, with lower interest rates providing a tailwind, says David Ludwig

20231226N Goldman

Goldman has "over 50 companies in various stages of investor engagement right now," global IPO chief David Ludwig says. © Reuters

YUTA SAITO, Nikkei staff writer

NEW YORK -- Will 2024 bring a recovery in global initial public offerings? David Ludwig, Goldman Sachs' global head of equity capital markets, says the Wall Street bank has a big backlog of IPOs and that it feels like a turning point is coming.

Edited excerpts of Ludwig's interview with Nikkei follow.

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