U.S.-based buyout and mezzanine fundraising had another huge boost, continuing a strong push to start the fourth quarter of 2019. Since the last issue of Buyouts, fund managers added $18.4 billion to its year-to-date total, now at more than $269.5 billion. KPS Capital Partners led the pack. The firm’s fifth flagship fund closed on $6 […]
While large buyout funds are selling at a record 100 percent of net asset value, the average secondary market pricing through the first three quarters of 2019 stands at 93 percent of net asset value, slightly down from the 2018 total of 94 percent, according to The Triago Quarterly October 2019.
U.S.-based buyout and mezzanine fundraising started off the fourth quarter of 2019 as aggressive as it has been all year. Since the last issue of Buyouts, fund managers added $5.1 billion to the year-to-date total, which is now more than $251 billion. Paine Schwartz led the latest round of fundraising with the close of its […]
Fundraising is a large determinant for staffing changes, and as fundraising swells firms hire people to help put more money to work. Forty percent of firms planned to add senior investment professionals to their staffs in 2019, up from the 29 percent from 2018, according to the 2019-2020 Holt-MM&K-Buyouts PE/VC Compensation Report.
As fundraising continues to trend up, so too do the salaries and bonuses of the people who are responsible for the boom. Partners and non-partners alike saw sizeable increases in salary and bonuses, continuing a trend going back to 2010, according to the 2019-2020 Holt-MM&K-Buyouts PE/VC Compensation Report.
While U.S.-based fundraising continues to soar from 2018 to 2019, fewer emerging buyout and venture capital managers are contributing to the frenzy, according to the Emerging Manager Survey, published by Buyouts Insider in partnership with Gen II Fund Services, LLC. Fifty-eight percent of fund managers said they are in market with a fund, a strong […]
The number of months spent to raise a fund has increased over the past year for emerging managers, according to the Emerging Manager Report. The average and median number of months spent fundraising by emerging managers continues to float around 10, but the upper quartile show some managers needing 22 months to raise their fund.
It has been a stellar year for U.S.-based buyout and mezzanine fundraising, which added another $7 billion to its year-to-date total since the last issue of Buyouts. Firms this year have now amassed $245.6 billion, which eclipses 2018’s year-end total, with three full months of fundraising still to go. A big reason for this year’s […]
Most deal activity during June 1 through Aug. 31 has previously occurred in the high technology sector, according to Thomson One, but real estate had a higher value in 2019. That marks the second time over the past five years real estate did so.
U.S.-based buyout and mezzanine fundraising wasted no time in shaking off the summer rust. Since the last issue of Buyouts, fundraising added $10.8 billion to its year-to-date total, which is now at $238.6 billion— more than $100 million more than this time last year. Vista Equity led the charge, adding another $4.6 billion to its […]