Proceeds raised by US-listed IPOs posted their ninth straight month of y/y gains with $2.3B raised in July on 12 debuts (vs $1.9B on 9 deals in July 2010). Year-to-date, initial offerings have raised 250% of what IPOs raised in the first seven months of 2010. After more than half of last month’s IPOs priced above their filing range, July’s deals also saw the second best average offer/1-day of the year behind a stellar 34% average first-day pop posted by 6 IPOs in March. Strong after-market performance was led by Consumer standouts Teavana, Francesca’s, and Dunkin’ Brands (pg. 2), which advanced 64%, 63%, and 46%, respectively, on their first trading days.