Friday Letter PEI Award winners find success in uncertain times

During December, thousands of private equity industry participants in more than 50 countries took the time to think about which firms, advisors and transactions truly stood out from the rest in 2010. They voted in our annual PEI Awards readers’ poll, the results of which were revealed this week and show the brightest firms in the industry have flourished despite challenging conditions.

The results are in. An influential group of veteran private equity professionals – as well as a number of newer entrants – have been named best-in-breed by their peers in the Private Equity International Awards.

This week we revealed the private equity firms, investors, bankers, lawyers, fundraisers and advisors who went from steadfastly navigating uncertain market conditions in 2009 to successfully participating in and aiding the market recovery that began in 2010.

Some of the firms who were deemed winners not only in 2010, but who have consistently been given high marks by peers in the past include:

 

Apax Partners

AXA Private Equity

Baring Vostok Capital Partners

Capital Dynamics

CDH Investments

Coller Capital

Clifford Chance

Credit Suisse

Debevoise & Plimpton

EQT Partners

Gilde

HarbourVest Partners

ICG Group

JPMorgan

Landmark Partners

MVision Private Equity Advisers

Partners Group

Oaktree Capital Management

Rothschild

Sequoia Capital

Standard Chartered

SJ Berwin

TPG Capital

 

There were also many new names on the honour roll this year including:

 

Archer Capital Partners

ATP Private Equity Partners

Emerald Hill Capital Partners

GSO Capital Partners

HgCapital

Japan Industrial Partners

Mercury Capital Advisors

Navis Capital Partners

Sun European Partners

The Riverside Company

Triton Partners

Some of the new names were to be expected, as we introduced a number of new categories in line with the continued development of private equity as an asset class around the globe. Likewise, the appearance of newer market participants on the winners’ podium also speaks to the industry’s revolution and evolution in the wake of the credit collapse and global financial crisis.

2010 was a year of transition; a period of cautious recovery from the historic lows of 2009. The winners of Private Equity International’s 2010 Awards were those professionals who seized the opportunity and waded into the uncertainty, helping to spur the market back into action after so many months of volatility and stagnation.

A very big thank you to our readers and voters – which is to say, you, the industry – for helping us identify the truly best-in-class. This of course is what makes the PEI Awards unique: they are the only awards democratically decided by the industry itself.

And of course, our warmest congratulations to all the winners in our 80-plus categories. Click here for a full list and detailed coverage.