Russell Investment Group will add 35 initial public offerings to the overall Russell 3000 index after the U.S. equity markets close on March 30, according to spokeswoman Stephanie DiIorio. The IPOs will move directly into the small-cap Russell 2000 index, she confirmed. Russell adds IPOs to its indexes at the end of each quarter.
The companies include seven in financial services, such as asset management firm Kohlberg Capital Corp., New York; seven firms in health care and five technology companies.
