Private Equity
PEI maps performance by internal rate of return and multiple on invested capital across the firm's private equity funds.
1 min read · 23 February 2023
Fundraising timelines last year were the longest since 2010, when private equity was recovering from the financial crisis.
2 min read · 22 February 2023
Capital raised totaled $528bn in 2022, down only slightly from the $535bn secured in the robust market of 2021. But fund closings fell to their lowest level since 2017, down 29% from a year earlier.
1 min read · 22 February 2023
LP portfolio sales took the majority of total secondaries market share last year in a reversal from 2021.
2 min read · 21 February 2023
The $61.3bn system is overallocated to private equity by 5% as the denominator effect rears its head once again.
2 min read · 21 February 2023
Blackstone, Carlyle and KKR gathered significantly more capital for private credit than for private equity last year, according to full-year earnings reports.
4 min read · 21 February 2023
'We have observed...that some of our highest performing private equity vintage years originate during volatile times like this,' CIO Michael Trotsky said.
2 min read · 20 February 2023
Though early in its track record, Fund I is so far performing strongly. As of September, it was generating a net multiple of 1.51x and a net IRR of 86.7%.
3 min read · 20 February 2023
Abu Dhabi Investment Authority, California Public Employees' Retirement System and New York State Common Retirement Fund are among the 20 largest allocators to 2022-vintage funds, PEI Group data shows.
2 min read · 20 February 2023
EQT invested in Waystar in 2019 alongside CPPIB, while Bain Capital retained a minority stake in the company.
3 min read · 20 February 2023