Private equity-backed companies floated in the US perform better than those in Europe in the aftermarket, according to analysis by Financial News based on information from data provider Dealogic.

Companies backed by private equity that floated in the US have followed the performance of other listings in the country. The survey which monitored aftermarket performance of listings that raised more than $50m (€39m) in the US since the start of 2003, found private equity-backed IPOs in Europe underperformed in the aftermarket, relative to other flotations.