Trends & Research

Palico’s poll of 92 LPs found that 59% of them will seek direct investing.

GPs are now more likely to fall into three distinct categories – publicly-listed global asset managers, regional or industry specialists, and small start-up funds, according to a study by the London Business School’s Coller Institute of Private Equity.

Adjusting for leverage and sector-geography exposure, PE deals returned 9.8% per year for investors, with sales growth the most significant driver.

The average high bid price across all strategies was 92 percent of NAV in 1H 2015.

Euro-denominated European private equity and venture capital funds recorded an internal rate of return of 8.3 percent for the first quarter.  

Despite a marked increase in the percentage of private funds with written expense allocation policies, most managers are not testing those policies, an ACA Compliance survey reveals.

Cambride Associates' report says secondaries can be an attractive sub-strategy due to their accelerated liquidity profile.

Fund managers returned $153.5 billion to their LPs last year, beating the previous record set in 2013 by 14%.

Research from Akina Group and private equity scholar Oliver Gottschalg outlines benefits of constructing a portfolio with European lower mid-market to mid-cap funds.  

Research conducted by Pantheon found that top quartile buyout funds performed better than S&P 500 and US mutual funds.