PitchBook

The Pulse of Private Equity – 1/17/2022

162 exits of at least $1 billion Download PitchBook’s Report here. The US PE market enjoyed a wave of big exits last year, according to PitchBook’s just-released Annual Breakdown Report. 2021 was a blockbuster year for exits, fueled in large part by billion-dollar-plus sales. PitchBook counted 162 such exits, by far the most we’ve ever recorded,

The Pulse of Private Equity – 1/10/2022

A trillion-dollar year Download PitchBook’s Report here. The US PE market topped $1 trillion for the first time, according to PitchBook’s just-released Annual Breakdown Report. 2021’s $1.2 trillion performance was more than 50% higher than the previous record. Deal volume also spiked, with 8,624 transactions altogether. That’s also a new record – the US market had

The Pulse of Private Equity – 1/3/2022

Predicting the year ahead Download PitchBook’s Report here. Every year, PitchBook gets into the prediction game. This year’s US Private Equity Outlook has 7 predictions, including an intriguing one for middle market software investment. 2021 set records for PE software activity – 317 deals totaling $45 billion in aggregate value. For 2022, we’re predicting 400 software

The Pulse of Private Equity – 12/13/2021

The top-heavy fundraising market Download PitchBook’s Report here. Last week we highlighted PitchBook’s new Quantitative Perspectives report, US PE: Recovery and Beyond, which features a number of vivid findings that are worth checking out. The chart above highlights how much oxygen is taken up by the biggest PE funds in the United States. In 2021, for

The Pulse of Private Equity – 12/6/2021

Quantifying the recovery Download PitchBook’s Report here. It’s no secret that private equity is having a big year. A new PitchBook Quantitative Perspectives report, US PE: Recovery and Beyond, helps put this year into historical context. The past few quarters have been such a pronounced recovery that deal volume is now well above the 20-year, long-term

The Pulse of Private Equity – 11/29/2021

A very healthy infrastructure market Download PitchBook’s Report here. Global infrastructure fundraising remains an in-demand category for LPs, according to PitchBook’s latest Global Real Assets Report. Through three quarters, about $73.3 billion has been raised in the strategy, in line with annual totals going back to 2014. The amount of new funds is way down, with

The Pulse of Private Equity – 11/22/2021

Is infrastructure poised for a resurgence? Download PitchBook’s Report here. Infrastructure is much in the news these days, given the massive spending bill currently being legislated in the US government, as well as even more earmarks being discussed worldwide by other nations. The potential implications of such significant investment in infrastructure, particularly in digital and energy,

The Pulse of Private Equity – 11/15/2021

Private debt fundraising: As top-heavy as it’s ever been Download PitchBook’s Report here. Globally, private debt fundraising is on pace for another strong year. According to PitchBook’s latest Private Fund Strategies Report, about $138.0B has been raised this year across 137 new funds. By combined value, that’s in line with recent years, but the number of

The Pulse of Private Equity – 11/8/2021

Mega-funds lead PE fund returns Download PitchBook’s Report here. Global PE funds posted a quarterly record in the first quarter, returning 17.6%, according to PitchBook’s latest Global Funds Performance Report. Very active capital markets are helping boost quarterly return numbers to historical highs. Preliminary Q2 returns show some deceleration, estimated at 8.8%, but still well above

The Pulse of Private Equity – 11/1/2021

Add-ons now 73% of all buyouts Download PitchBook’s Report here. It’s getting repetitive, but the buy-and-build strategy is becoming the dominant approach for private equity. According to PitchBook’s latest US Breakdown Report, add-ons are comprising 73.2% of all buyouts this year. In 2007-2008, at the height of the buyout boom, the percentage was hovering around 50%.