Fearless of the tense situation in the Middle East! Goldman Sachs exclaims: The European IPO market will continue to recover, with a double-digit pipeline waiting to be unleashed.

Goldman Sachs Group, Inc. expects that despite the current political tensions in the Middle East, the potential for European initial public offerings (IPO) projects this year will reach double digits. Andre Kelleners, co-head of investment banking for Europe, the Middle East, and Africa (EMEA) at Goldman Sachs Group, Inc. said "We have had very, very intensive communication with the companies preparing to go public." The IPO market has reopened after a "very intense" period of repricing. Goldman Sachs Group, Inc. assisted in arranging the issuance of Verisure Plc last year. While the company will focus on how the Middle East situation affects market volatility, Kelleners is confident in the "open for business" status of the European capital market. Energy transition remains an important investment theme in Europe. Kelleners emphasized the recent issuance of convertible bonds by Nebius Group (NBIS.US), a Dutch company listed in the US, which has signed a $27 billion contract with Meta (META.US) and NVIDIA Corporation (NVDA.US) to build data center infrastructure. Kelleners stated that the funding requirements for AI infrastructure will drive investment in the region. Kelleners also believes that the recent sell-off in software stocks reflects investors "reevaluating terminal value" and uncertainty about the impact of AI, rather than actual deterioration in business performance. He said that many software companies in private equity investment portfolios continue to show significant growth.