piotrk

Chart of the week: To outperform, LPs should back $1 billion-plus-size funds: Pitchbook data

As far as private equity funds are concerned, size does matter. The global PE horizon IRR benchmarks from data provider Pitchbook show that the $1 billion-plus large-sized funds provided the highest returns across all time periods tracked.

Midwest buyout shops seize golden opportunity

Our regional report on Midwest buyout deals and fundraising shows Illinois and Minnesota are prime destinations.

Chart of the week: Most secondary buyers predict deal volume to go up or stay steady this year

In a spring survey conducted by Buyouts Insider, 57 secondary buyers weighed in on where they thought secondary deal volume would go for the rest of this year. The largest group (44 percent) thought volume would stay even with 2014. More than a third (37 percent) see it going up and 5 percent anticipates the volume reaching an all time high.

LP Scorecard: NGEN and Carlyle/Riverstone funds weigh down performance at CalSTRS

The California State Teachers’ Retirement System, celebrated for the success of its private equity portfolio, hasn’t scored hits with every fund. The accompanying table shows the worst funds in its portfolio by IRR, excluding venture capital funds and vintage 2010 funds and younger that may still be in their J-curve days.

Market at a glance

U.S.-based buyout and mezzanine fundraising experienced a comparatively slow two weeks. The total grew by about $3.3 billion, to $105.5 billion. Even though the deluge of fundraising loitered a bit in the past two weeks, this year’s aggregate sits a full $27 billion ahead of where it was a year ago.

LP Scorecard: CalSTRS collects more than $6 billion in distributions in recent 12-month period

The California State Teachers’ Retirement System enjoyed a strong year of distributions in the year ending September 2014, realizing almost $6.1 billion from its private equity portfolio.

Chart of the week: Equity contribution in U.S. buyouts holds steady at just under 42 percent

The percentage of equity used to finance U.S. leveraged buyout deals has plateaued the last two quarters at 41.7 percent. While that is down from the post-crisis highs, the market still hasn’t returned to the low 30 percent range seen from 2005 to 2007.

Market at a glance

U.S.-based buyout and mezzanine fundraising had another lively two-week period, with the 2015 total growing by nearly $6 billion, to $102.2 billion. That is almost a full $26 billion ahead of where the tally stood at this time last year.

Chart of the week - University of Texas endowment, with 24 percent surge, takes over second place from Yale

Between fiscal years 2013 and 2014 ended June 30, U.S. and Canadian institutional endowments grew by 15 percent on average.

Market at a glance

U.S.-based buyout and mezzanine fundraising enjoyed a monumental two-week period, seeing its 2015 total skyrocket by over $24 billion. That is a full $27 billion ahead of where it stood at this point last year.