Proceeds raised in U.S. initial public offerings are up 54.6% in 2014, according to Renaissance Capital's 2014 Annual Review of U.S. IPOs (dated Dec. 17). The $84.9 billion of IPO proceeds in 2014 are the highest since 2000, when $96.9 billion was raised.
Alibaba led the charge with its $21.8 billion deal in September, followed by Citizens Financial ($3 billion), Synchrony Financial ($2.9 billion), Ally Financial ($2.4 billion) and Paramount Group ($2.3 billion).
The number of deals (273) rose 23% from 2013, when 222 deals were closed.
