IPO Readiness in 2025: Market Signals, Timing, and Looking Ahead

With ongoing market volatility and evolving economic conditions, understanding current private and public market dynamics has never been more critical.

Hear Morgan Stanley’s Chief Investment Officer of Wealth Management and Head of the Global Investment Office, Lisa Shalett, Head of Morgan Stanley at Work Private Markets, Shawn Murphy, and Carta CFO Charly Kevers’ candid thoughts on market dynamics shaping IPO strategy in 2025, how to understand the signals that matter, and what companies should focus on operationally—no matter their timeline.

In this recording, you’ll learn:

What recent market trends mean for late-stage private companies
How macroeconomic signals are influencing IPO timelines and investor appetite
What finance and leadership teams should prioritize 12–24 months ahead of going public
How to build flexibility into your IPO strategy, from equity systems to investor expectations

Featuring

Lisa Shalett
Chief Investment Officer for Wealth Management, and Head of the Global Investment Office
Morgan Stanley

Shawn Murphy
Head of Private Markets
Morgan Stanley at Work

Charly Kevers
Chief Financial Officer
Carta