Bloomberg: IPOX® VP Kat Liu on Rockpoint IPO and Canadian Market Outlook

Bloomberg reports that Rockpoint Gas Storage, backed by Brookfield Asset Management, has filed for a Toronto IPO, sparking renewed optimism for Canada’s equity markets after a period of sluggish listings. A successful debut would mark a potential turning point for Bay Street, where IPO activity has lagged significantly behind the U.S.

In the article, IPOX® VP Kat Liu, highlights the broader implications of Rockpoint’s listing for other Canadian portfolio companies:

“Brookfield can always carve out more portfolio companies. Based on how well they do with Rockpoint, there are a lot more portfolio companies that can easily go.”

Liu also pointed to Montreal-based GardaWorld as a strong IPO candidate and noted that firms like Onex Corp. have already signaled future public listings, such as for Canadian airline WestJet.

The piece underscores how closely asset managers and pension plans will be watching Rockpoint’s performance, as it may set the tone for a broader reset of Canada’s IPO market.

Read the full article by Geoffrey Morgan on Bloomberg: Brookfield-Backed Gas IPO Set to Inspire More Canadian Deals