Answer: Initial Public Offering (IPO)

The correct answer is **A (Initial Public Offering (IPO))** because private equity investment strategies, such as leveraged buyouts (e.g., MBOs and MBIs) and venture capital, typically employ primary exit strategies like trade sales, IPOs, and recapitalizations. An IPO is a common method for private equity funds to exit their investments by offering shares to the public. Options B (Management Buy-In) and C (Management Buyout) are incorrect as they represent investment strategies rather than exit strategies.

Author: LeetQuiz Editorial Team