Fidelis Partnership files for US IPO
TFP Group, known as the Fidelis Partnership, said it and some existing shareholders plan to sell shares. Morgan Stanley, Barclays and J.P. Morgan are among underwriters; it will list on the NYSE as TFP.
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Fidelis Partnership files for US IPO
Insurance firm TFP Group, better known as the Fidelis Partnership, filed for an initial public offering in the US on Friday.Expectations for a quick start to the fall IPO window have failed to materialize as surging bond yields and a tightening rate environment weigh on risk appetite.TFP Group and…