Triago: Large Buyouts Lead NAV Recovery, VC Trails
Private equity placement agent Triago today sent out the first edition of a new quarterly newsletter, which includes data on fund valuations and secondary pricing. The most notable stat is that large buyouts are leading the NAV recovery, rising 10.4% in Q4 2009. It was followed by special situations (6.7%), mid-market buyouts (5.7%), energy (1.6%) and venture capital (.06%). If you go back and look at the five quarters ending in Q4 2009 -- including negative results from Q4 08 and Q1 09 -- large buyout NAV is up 12%, while venture capital trails the pack with a positive 3% mark.
9 June 2010•2 mins read
