Preqin's IPO pipeline data reveals that, as of 15th October, 19 private equity- and venture capital-backed companies have completed their IPOs or follow-on share sales during the month, raising USD 4bn. This is in marked contrast to the whole of Q3 2012, when USD 6.5bn was raised in public offerings during the whole quarter, indicating that Q4 2012 could see a rebound in IPO activity globally.