Asset Management IPOs

Performance analysis and trends for 10 IPOs in the asset management sector.

Total IPOs

10

Avg Return

+14.6%

Success Rate

42.9%

3 of 7 positive

Total Market Cap

$21.5B

Recent IPOs (2024+)

CompanyDateIPO PriceCurrentReturnMarket Cap
WTF
Waton Financial Limited
4/1/2025$4.00$3.44-14.0%$165.9M
PSBD
Palmer Square Capital BDC Inc.
1/18/2024$16.45$10.92-33.6%$340.7M

Best Performers

CompanyReturnIPO Date
ASST
Strive Asset Management, LLC
+205.6%2/3/2023
TPG
TPG Inc.
+44.0%1/13/2022
CRBG
Corebridge Financial, Inc.
+28.2%9/15/2022
WTF
Waton Financial Limited
-14.0%4/1/2025
PSBD
Palmer Square Capital BDC Inc.
-33.6%1/18/2024

Worst Performers

CompanyReturnIPO Date
CWD
CaliberCos Inc.
-73.5%5/17/2023
RWAY
Runway Growth Finance Corp.
-54.8%10/21/2021
PSBD
Palmer Square Capital BDC Inc.
-33.6%1/18/2024
WTF
Waton Financial Limited
-14.0%4/1/2025
CRBG
Corebridge Financial, Inc.
+28.2%9/15/2022

Activity by Year

2025
1 IPOs
-14.0%
2024
1 IPOs
-33.6%
2023
2 IPOs
+66.0%
2022
3 IPOs
+36.1%
2021
3 IPOs
-54.8%

All Asset Management IPOs

CompanyDateIPO PriceCurrentReturnExchange
WTF
Waton Financial Limited
4/1/2025$4.00$3.44-14.0%NASDAQ
PSBD
Palmer Square Capital BDC Inc.
1/18/2024$16.45$10.92-33.6%NYSE
CWD
CaliberCos Inc.
5/17/2023$4.00$1.06-73.5%NASDAQ
ASST
Strive Asset Management, LLC
2/3/2023$5.00$15.28+205.6%NASDAQ
CRBG
Corebridge Financial, Inc.
9/15/2022$21.00$26.93+28.2%NYSE
LIEN
Chicago Atlantic BDC, Inc.
2/4/2022N/A$9.40N/ANASDAQ
TPG
TPG Inc.
1/13/2022$29.50$42.48+44.0%NASDAQ
RPC
Ridgepost Capital, Inc
10/21/2021N/A$7.92N/ANYSE
RWAY
Runway Growth Finance Corp.
10/21/2021$14.60$6.60-54.8%NASDAQ
AVX
Avax One Technology Ltd.
7/8/2021N/A$0.50N/ANASDAQ