Pvt equity-backed IPOs at all-time high

Asia has recorded 14 billion from 89 PE- and VC-backed IPO exits in the year to date,Thomson Reuters data shows.

Deals include CVC Capital Partners Ltd exit of Samsonite International SA through Hong Kong raising 1.3 billion,and New Horizon Capital8217;s 1.4 billion IPO of Sinovel Wind Group Co Ltd in January in Shanghai.

Top markets for PE and VC exits are Shanghai 3.7 billion,Shenzhen ChiNext 3.7 billion,and Shenzhen SME 3 billion,continuing China8217;s IPO boom that began the spring of 2009.

And with a shorter timetable from investment to exit and strong evidence of increased valuations,Chinese companies top the deal flow list in Asia. China has the most IPO exits 8212; 80 in total 8212; this year,for a total of 12.8 billion,or 29 percent of global volume.

Asia-Pacific was the top global destination for all IPOs in the first half of 2011,with 49.4 billion in deals,or 46 percent of the total. Hong Kong has seen the most activity in Asia with 13.4 billion worth of IPOs so far this year,more than double a year earlier.