Joseph Weitemeyer
For the first time, Asia had more funds closed (250) than Europe (196), according to Preqin. Despite having fewer funds, Europe-focused funds secured $90 billion, which outraised the $80 billion secured by Asia-focused funds.
Massachusetts Pension Reserves Investment Management Board received more than $282.7 million in distributions from PE funds from its 2014 investments, the most in distributions for the past six years. All told, MassPRIM in 2014 made 18 commitments to PE, totaling $1.2 billion. It contributed 83 percent of that, more than $1 billion, as of June […]
Emerging managers continue a strong 2019 with more than $3.9 billion in fundraising the past few weeks. Seven private equity firms and two venture capital firms raised over $100 million. One PE firm crossed the billion-dollar threshold. Riverwood Capital raised over $1 billion for its third flagship. LKCM Headwater of Texas raised the second highest total […]
U.S.-based buyout and mezzanine fundraising finished 2018 strong, closing with $244.5 billion, edging out 2017’s $241.7 billion. Fundraising kicked off 2019 by adding $3.3 billion since the last issue of Buyouts, a far slower start than the YTD 2018 total of $14.5 billion. Lone Star started the year by adding more than $914 million to […]
Emerging managers started 2019 red hot, closing funds with more than $3.3 billion. Seven private equity firms and four venture capital firm raised more than $100 million. No firm raised as much as Eclipse. The venture firm, founded by Lior Susan, closed its third flagship at $500 million. Not far behind was the PE firm […]
High tech had neither the highest deal count nor the highest deal value last year. But it did make the largest deals. Thomson Reuters data shows the top two deals took place in high tech: Bain Capital‘s $17.9 billion buyout of Toshiba Memory and Blackstone’s $17 billion acquisition of Refinitiv.
For the second year in a row, energy and power was the top industry in dealmaking, ranked by volume. Yet despite missing the top slot since 2016, high tech is the only industry within that time to cross the $100 billion threshold, Thomson Reuters data shows.
Emerging managers closed the last few weeks of 2018 by raising more than $1.6 billion. Six private equity firms and one venture capital firm raised over $100 million. JES Global Capital, a wealth-management office, led all money raised. Its third flagship closed at $500 million. Real estate firms made up most of the PE list. […]
After a rough year, 88 companies, a quarter of them from the retail sector, will look forward to a fresh start. These PE-sponsored companies received distressed ratings. They’re defined as holding credit ratings of B- or lower with a negative outlook from S&P or a corporate-family rating of Caa1 or lower with a negative outlook from […]
Even in a strong fundraising market, all but the most sought-after GPs still generally take more than a year to raise their funds. Buyouts Insider 2018-2019 PE/VC Partnership Agreements Study found that most North American venture and buyout funds spend about 12 months to 18 months raising money. Download as an Excel file: Charts of the […]