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General Atlantic Exclusive: New IPO Plans Explained

General Atlantic, a well-known private equity group that backs rapidly growing technology companies like Alibaba, Facebook, and ByteDance, is quietly exploring the possibility of going public.

Inside the bustling General Atlantic office, where IPO plans are taking shape. PHOTO: Shutterstock
Inside the bustling General Atlantic office, where IPO plans are taking shape. PHOTO: Shutterstock

The New York-based firm, managing an impressive $77 billion in assets, has taken a preliminary step by filing confidential paperwork with the US Securities and Exchange Commission for an initial public offering (IPO).

While insiders have described this move as a preliminary step and emphasized that

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