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LPL Investment raises $470M in IPO

LPL Investment Holdings Inc., the brokerage and investment advisory firm owned by private equity firms TPG Capital and Hellman & Friedman LLC, raised $470 million in its initial public offering.

LPL Investment Holdings Inc., the brokerage and investment advisory firm owned by private equity firms TPG Capital and Hellman & Friedman, raised $470 million in its initial public offering.

LPL sold 15.66 million shares for $30 each after offering 15.61 million shares at $27 to $30 apiece, acc

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