General Atlantic, the global private equity firm overseeing roughly $130 billion in assets, is reportedly dusting off its previously shelved initial public offering plans, aiming to hit the public markets as soon as 2026, according to sources familiar with the matter.

The firm, which had paused its listing ambitions nearly three years ago, is now working with JPMorgan, Goldman Sachs, and Morgan Stanley as underwriters for the potential offering. Sources indicate that General Atlantic had confidentially filed for an IPO with the U.S. Securities and Exchange Commission in December 2023, but market volatility forced the company to postpone its timeline.

Now, with renewed momentum, General Atlantic has refreshed its confidential filing documents and has already begun preliminary discussions with prospective investors. Those conversations are still ongoing, and specific offering details could still shift, the insiders cautioned.

Founded in 1980, General Atlantic established a presence in China in 2000, with offices in Beijing, Shanghai, and Hong Kong. The firm's portfolio in China includes a roster of well-known companies such as Lenovo, Alibaba, Meituan, and ByteDance. To date, General Atlantic has deployed a cumulative $121 billion in capital since its inception, with assets under management now standing at approximately $130 billion.