Private Equity
Europe and Asia private equity and venture capital funds produced surprisingly strong returns for members of the Institutional Limited Partnership Association over the last 10 years, while North American funds have also done well.
1 min read · 19 June 2015
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.
1 min read · 19 June 2015
The majority (53 percent) of secondary buyers surveyed this spring predict deal volume in 2016 will stay on par with this year. One in five (20 percent) anticipates volume will come down next year. Only 27 percent believe the market will improve.
1 min read · 15 June 2015
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.
1 min read · 09 June 2015
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.
2 min read · 09 June 2015
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.
2 min read · 05 June 2015
1 min read · 22 May 2015
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.
1 min read · 22 May 2015
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.
1 min read · 21 May 2015
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.
1 min read · 21 May 2015
