Joseph Weitemeyer

Emerging managers raised more than $2.4 billion in the past few weeks. Nine firms raised over $100 million. Six of those nine were private equity firms. Real estate service company C-III Capital Partners outraised all other firms. It raised more than $487 million of a targeted $600 million. New MainStream Capital, created as a spinoff […]

The fourth quarter is off to a strong start for U.S.-based buyout and mezzanine fundraising, which added nearly $10 billion to the 2018 total since the last issue of Buyouts. Despite the surge, funding trails its YTD 2017 total by $30.9 billion, or 17.2 percent. No fund came close to Lone Star Funds, which raised […]

Emerging managers raised at least $2 billion in the past few weeks. Venture capital led the way, raising more than $1.1 billion. Hong Kong-based Morningside Ventures made up most of that venture fundraising. It raised more than $700 million across three funds. On the public equity front, no fund raised as much as Maiora Asset […]

Here are the key statistics in private equity fundraising, deals and exits for the third quarter of 2018. Download the “Buyouts Insider Q3 2018 Highlights” slide show as a PowerPoint: Buyouts Insider Q3 2018 Highlights

The average payroll as a percentage of revenue (management fees plus other fees) is 62 percent, according to the data from the 2018-2019 Holt-MM&K-Buyouts Insider PE/VC Compensation Report. The percent for venture capital firms is 67 percent; for LBO firms it is 68 percent. Charts of the Week 10.22

Yearly fundraising, a major determinant in compensation adjustment, has been growing or holding steady for North American private equity, including buyout and venture capital funds. This has led to considerable rises in salaries and bonuses for partners and non-partners, according to the 2018-2019 Holt-MM&K-Buyouts Insider PE/VC Compensation Report. Charts of the Week 10.22

U.S. sponsors in the third quarter sold companies at the slowest pace of the year. Since hitting a five-year high in Q4 2017, exit volume has steadily declined. All told, U.S.-based sponsors in the third quarter closed 128 deals totaling $20 billion, Thomson Reuters data showed. That was down from 132 exits totaling $24 billion in […]

It was a slow few weeks for U.S.-based buyout and mezzanine fundraising, which added just $4.1 billion to the 2018 fundraising total since the last issue of Buyouts. Funding trails its YTD 2017 total by $36 billion, or 21 percent. Most of the recent funding is thanks to Tailwind Capital. Its third flagship closed at […]

Public pensions tracked by Buyouts committed more than $5.9 billion to private equity funds in Q3. Massachusetts Pension Reserves Investment Management Board led the way, committing at least $600 million in the third quarter. During the quarter it backed Hellman & Friedman IX, Lovell Minnick Equity Partners V and TCV X. New Jersey Division of […]

Emerging managers raised nearly $1.8 billion in the past few weeks. Seven firms raised over $100 million. Balance Point Capital raised over $375 million toward the $400 million hard cap for its third flagship fund. The firm focuses in the lower-middle market. Caspian Private Equity, focused on U.S. private equity and real estate markets, raised […]