Barclays Capital has prepared a database of more than 100 private equity-owned companies that could be ready to go public within the next 12 to 18 months, saying it expects a “tidal wave” of new deals. It has just led its second US listing from a financial sponsor in a week.

John Miller, head of financial sponsors at Barclays Capital, said there is a confluence of events that is setting the stage for a revival of private equity investment banking activity.