Klarna, Netskope IPOs Bring Gains to Canada’s Top Pension Fund

Canada Pension Plan Investment Board is poised to see two of its private equity holdings hit the public market as technology companies take advantage of the appetite for new shares.

Cloud security provider Netskope Inc. is looking to raise as much as $813 million in an initial public offering, according to a filing Monday with the US Securities and Exchange Commission. The Santa Clara, California-based company plans to market shares for $15 to $17 each.

At the top end of that range, Netskope would have a market value of around $6.5 billion, based on the number of outstanding shares in ...