It is 2008 vintages that have been working the hardest for the California Public Employees’ Retirement System looking at IRR percentage point increases for the year to December 2013.
It is 2008 vintages that have been working the hardest for the California Public Employees’ Retirement System looking at IRR percentage point increases for the year to December 2013. The 2008 vintage Carlyle Europe Technology Partners II took first place in this scorecard and was up 14 percentage points to 14.8 percent in 2013 from […]
There is a wide variety of default rates among private equity-backed portfolio companies.
So far in 2014, of the 194 buyout M&A exits by U.S.-based financial sponsors that Thomson One identified, portfolio companies in the utilities sector are the quickest to reach an exit, in 3.7 years on average.
GTCR, CVC Capital Partners and Onex Partners are the fund managers at the top of the IRR chart for the Public Employees’ Retirement System of Nevada for the period to Dec. 31, 2013.
In the first half of 2014, 77 portfolio companies backed by U.S.-based buyout shops have gone public, according to Thomson One. Of these, almost half (47 percent) have made their public debuts on the New York Stock Exchange.
Distressed, energy and mid-market buyout opportunities are boosting IRRs for Texas County & District Retirement System, as of Dec. 31, 2013.
The number of private equity-backed companies listed in Standard & Poor’s ”weakest links” report published in May fell to 19 from 24 when the list was last reviewed by Buyouts. Simultaneously, the number of portfolio companies defaulting or filing for bankruptcy protection has risen to four.
A study of 79 global buyout firms conducted from 2011 to 2013 found that more than half of those in partner-level positions (57 percent) have MBAs, while 7 percent have a law degree, according to a draft academic paper.
Overall, global buyout firms in a recent survey said that more than a third of their closed deals (36 percent) were proactively self generated on average, followed closely by investment bank-generated with 33 percent.