Cashing in on the IPO market

Rebound: Global IPO proceeds rebounded in the second quarter, but were down from a year earlier.

PE exits lag: Private equity IPOs were flat quarter over quarter, but down about 12% from their five-year average.

Biggest deals: Europcar Group's $1.8 billion offering was the largest private equity IPO exit in the quarter. Chemical distributor Univar's offering was the largest in the U.S.

Changing paths: In recent quarters, private equity has been less reliant on the IPO market for exits, depending more on strategic buyers.