Chart of the week: TMT still gaining traction after the financial crisis

Technology, media and telecommunications are proving attractive to mega-funds.   

 411

Click here for a larger version.

 

HgCapital began harvesting investments from its £380 million, TMT sector-focused Mercury Fund, Private Equity International reported this week.

According to PEI Research & Analytics, funds centred on the technology, media and telecommunications sector have built considerable momentum since the financial crisis, with 2016 unlikely to buck the trend.

Around $87 billion is currently being sought by funds in market, including UOB Venture Management’s Sino-Singapore Chongqing Connectivity Private Equity Fund targeting $15 and Vista Equity Partners’ sixth fund ($8 billion).