Columbia Grads Led Second-Most IPO Class of 2014

Harvard is top of the IPO class for 2014.

Coming in second, Columbia University, along with Stanford University, Texas Tech University and University of North Carolina, produced three CEOs who took their companies public.

The seven newly publicly traded companies led by Harvard alumni range from online bank Ally Financial to pharmaceutical company Kite Pharma. The group notched an average gain of 74 percent from the date of their market debut to the end of the year. By comparison, the FTSE Renaissance US IPO index, which tracks the performance of U.S. initial public offerings, gained 9.6 percent last year.

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