Blackstone-backed insurance underwriter The Fidelis Partnership files for US IPO

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Blackstone-backed insurance underwriter The Fidelis Partnership (TFP Group) filed for a US initial public offering on Friday. This move comes as the fall IPO window attempts to gain momentum following a slow start, despite challenges from surging bond yields and a tightening rate environment that have dampened risk appetite.

Sept 25 (Reuters) - Insurance underwriter TFP Group, better known as The Fidelis Partnership, filed for a US initial public offering on Friday, as the fall listing window looks to gain momentum after a tepid start. Expectations for a strong pickup in the fall IPO window have failed to materialize as surging ​bond yields and a tightening rate environment weigh on risk appetite. Just four companies

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