Block trades hit record as markets open for exits

Global accelerated deals have had their best start to the year since records began

Monday 4 March 2013 at 17:00

Global block trades and accelerated share sales by financial sponsors got off to a record start this year.

Private equity firms sold $14.6bn worth of shares in both accelerated offerings and bought deals between January 1 and February 22, a 64% increase on the $8.9bn raised in the same period last year and the highest ever reached in the first eight weeks of any year, according to investment banking research provider Dealogic.