Growth equity

The changing function of public and private markets in financing the real economy represents a long-term structural shift, writes Partners Group’s Steffen Meister.

The biggest vehicles on the road are seeking €36bn between them, as LPs bet on growth equity and more attractive entry multiples for Europe funds.

Roughly half of the capital came from new LP relationships, PEI understands.

Private equity and venture practitioners still warn of lower fundraising volumes for venture capital in 2023.

The lag in private equity reporting, differences in valuation methods and volatile macro environment will dictate the asset class’s performance in 2023, says McKinsey partner Brian Vickery.

The firm's latest PE ELTIF will enable individual investors to back buyout, growth and venture opportunities for a minimum investment of €30,000.

West Street Global Partners I, which held a final close on $5.2bn this week, is among the largest first-time funds dedicated to growth equity.

Even amid a tougher fundraising environment, climate funds are 'still very, very topical', says head of sustainable investing for private markets Ken Pontarelli.

In spite of its tough macro environment, Latin America has been one of General Atlantic’s best-performing regions, says the managing director and head of GA’s Mexico office.

Advent International, Thoma Bravo and KKR led the pack of 2022’s biggest capital raisers.