Since its inception, the Soho House chain of members clubs has been associated with exclusive hangouts for the jet set, where celebrities and deep-pocketed professionals shell out thousands of dollars each year to gather in sleekly designed urban redoubts.
Now its parent company, Membership Collective Group, is set to join a different sort of club — the public stock markets — when it begins trading on the New York Stock Exchange on Thursday at a roughly $2.8 billion valuation. The company has raised $420 million from its initial public offering, at the low end of its expected range, largely on