General Atlantic, a private equity group known for backing fast-growing technology companies such as Alibaba, Facebook and ByteDance, has filed confidentially to pursue an initial public offering, putting it in a position to eventually join peers Blackstone and KKR as a public company.
The New York-based group, which manages $77bn in assets, has filed confidential paperwork with the US Securities and Exchange Commission for the public offering, two people familiar with the matter said, but they described that move as a preliminary step and said General Atlantic was not considering an imminent listing.
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