CapLaw-2025-01

After several years of subdued activity, the IPO market in Switzerland underwent something of a resurgence in 2024. This revival was underpinned by key transactions, a shift in investor sentiment, and broader trends in European capital markets, all of which have contributed to renewed confidence in the viability of Swiss public listings. Looking toward 2025 and beyond, while certain fundamental questions remain about market depth, investor appetite and macroeconomic stability, there are reasons to have an optimistic outlook regarding the future of the Swiss IPO landscape.