More on the IPO resurgence

September 23, 2009 | By Jim Kim

Wall Street firms--especially private equity firms and specifically venture capital firms--have been waiting for a resurgence in the IPO market for years. Now it seems to be happening, albeit slowly.

As the market builds, some are noting some positive signs. The buy-side seems to be a bit picky as the upswing starts, which is helping to ensure higher quality deals. "We will see the quality of initial public offerings get higher," Bob Greifeld, CEO of Nasdaq OMX, told Reuters. "You have a very cynical investor base out there, so you have to be good." Five companies are expected to price deals this week alone, including online video game company Shanda Games and battery maker A123 Systems.

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