US IPOs and Secondary Offerings, IPO Boutique

IPO Boutique

For more than 20 years, we have been providing research, analysis, commentary and ratings on US Equity Capital Markets to institutional investors (US IPOs and Secondary Offerings). Our vast network of contacts across the Equity Capital Markets and attention-to-detail sets us apart from our competitors.

Since 2012, we have achieved a successful hit rating on 89% of Buy-rated IPOs. The collective “Buy” ratings averaged a first trade of 16.3% above issue.Our Neutral Rated Deals averaged just 2% above the issue price at first trade.

Our written research includes pre-IPO notes before the deal is launched, follow-up analysis once the deal is live and post-listing trading analysis as well.

In addition, we provide a high-touch premium desk access which includes analyst access, as well as real time insights on US IPOs as well as secondary offerings.

US IPOs and Secondary Offerings

Blackstone Digital Infrastructure Trust (BXDC): Upcoming IPO a New Way to Play AI Infrastructure

Blackstone Digital Infrastructure Trust (BXDC): IPO Debuts Steady as Investors Await Next Move

IPOs and Secondary Offerings

Equity Capital Markets

Blackstone Digital Infrastructure Trust / Equity Capital Markets

Blackstone Digital Infrastructure Trust (BXDC US)

<ul>
<li>Blackstone-Backed REIT targets stabilized, hyperscale-leased data centers, aiming to capitalize on AI-driven demand, supply constraints, and a ~$1 trillion market opportunity.</li>
<li>Offering 87.5M shares at $20, debut May 14; proceeds to fund acquisitions despite no initial asset base, raising “fund-like” structure considerations.</li>
<li>Strategy emphasizes long-term leases, 2–3% rent escalators, and ~40% leverage, targeting stable cash flows, yield, and downside protection via investment-grade tenants.</li>
</ul>


Blackstone-Backed REIT targets stabilized, hyperscale-leased data centers, aiming to capitalize on AI-driven demand, supply constraints, and a ~$1 trillion market opportunity.
Offering 87.5M shares at $20, debut May 14; proceeds to fund acquisitions despite no initial asset base, raising “fund-like” structure considerations.
Strategy emphasizes long-term leases, 2–3% rent escalators, and ~40% leverage, targeting stable cash flows, yield, and downside protection via investment-grade tenants.


ブラックストーン・デジタル・インフラストラクチャー・トラスト（BXDC）：データセンターの電力需要をターゲットにしたREITを覗いてみる