The number of worldwide private equity funds to hit the market has been increasing over time, and has almost reached 4,000 funds at the start of Q3 2019, according to Preqin’s Quarterly Update: Private Equity & Venture Capital Q2 2019. North America and Asia are the most attractive fundraising markets, with more than 1,500 funds […]
Despite reaching the dog days of summer, U.S.-based buyout and mezzanine fundraising continues to soar. Since the last issue of Buyouts, fundraising added another $10 billion to its year-to-date total, which is now at $226 billion—$100 billion more than at this point in 2018. ArcLight Capital Partners led the charge. The Boston-based firm raised $3.5 billion […]
The largest firms and funds, which target $1 billion or more, make up just 5 percent of the market, but they account for almost two-thirds of all capital sought, according to Preqin. Almost half of the funds in the market (46 percent) are competing to secure just 4 percent of all capital targeted. Download the […]
For the third straight year, the Emerging Manager Report found that family offices make up the majority of capital raised by emerging managers with 18 percent—the lowest it has polled in three years. Public pensions trailed closely behind at 16 percent—the highest it has polled over the past three years. Download the Excel here: Charts […]
Emerging managers have seen growth in the size of their limited partner base, according to the third edition of the Emerging Managing Report published by Buyouts Insider in partnership with Gen II Fund Services, LLC. The average number for emerging buyout managers increased by 15 from 2018 to 2019, while the average number for emerging […]
Emerging managers have seen growth in the size of their limited partner base, according to the third edition of the Emerging Managing Report published by Buyouts Insider in partnership with Gen II Fund Services, LLC. The average number for emerging buyout managers increased by 15 from 2018 to 2019, while the average number for emerging […]
The recent heat wave hasn’t slowed U.S.-based buyout and mezzanine fundraising, which had another scorching surge. Since the last issue of Buyouts, fundraising added $18 billion to its year-to-date total, which surpassed the $200 billion threshold four months sooner than it did in 2018. Platinum Equity led the round. The California-based firm, founded by Tom […]
The past 12-month averages show just how far software deals lead the rest of the market in equity contributions, according to Covenant Review’s Trendlines Topical Report. Software deals require buyers to contribute more than 53 percent, more than any other sector.
Megafunds continue to bolster U.S.-based buyout and mezzanine fundraising. Since the last issue of Buyouts, fundraising added $28 billion to its year-to-date total, which now stands at $197 billion. That is a 93-percent increase from the $102.1 billion that buyout and mezzanine funds raised in the same period last year. TPG led the charge, raking […]
Equity valuations are up, which means PE firms are forced to pay more for each deal, according to Covenant Review’s Trendlines Topical Report. With lenders topping out around 7x for low-capex/high-growth companies, equity contributions are forced to track purchase prices higher.