Reuters: IPOX® Associate Lukas Muehlbauer Comments on ITG’s Nasdaq Debut and AI Infrastructure Demand

Reuters reported that ITG shares rose 12.5% in the company’s Nasdaq debut, giving the Oaktree-backed digital infrastructure firm a market value of $2.18 billion. The listing underscored continued investor interest in companies tied to AI infrastructure, data center expansion, and connectivity demand.

IPOX® Research Associate Lukas Muehlbauer was quoted in the article, providing perspective on the market backdrop supporting ITG’s public listing. His comments connected the company’s debut to broader investor demand for businesses positioned around AI, data centers, and digital infrastructure.

The article also noted that ITG opened at $18 per share, above its IPO price of $16, and discussed the company’s role in supplying outsourced network services to broadband, fiber, wireless, data center, and utility customers.

“The current buzz around the AI and data center theme helped ITG to go public, with investors still looking for companies that can benefit from the rising demand around digital infrastructure”

Read the full article by Aditi Tiwari on Reuters: Oaktree-backed ITG jumps in Nasdaq debut, signaling strong AI infrastructure demand