Learn more

(Reuters) – Shares of BrightSpring Health Services, backed by private equity giant KKR, slipped 7.7% on their market debut on Friday, giving the community-based healthcare services firm a market capitalization of $2.05 billion. The company debuted at $12 per share, below its initial public offering price (IPO) of $13 apiece. It raised $633 million by selling about 53.3 million shares on Thursday. The lukewarm debut follows a similar reception for Morgan Stanley Direct Lending Fund and Kazakhstan-based banking and fintech giant Kaspi.kz, underscoring investor caution around new listings. Yet, s…

cuu