Private Equity Capital Briefing

Monthly insights and intelligence on private equity and capital market trends

  • Share

May highlights

Fundraising

  • PE fundraising is seeing its strongest start to a year since 2008. PE firms have closed 215 funds valued at US$189b so far in 2017.
  • Buyout dry powder continues to climb, reaching US$563b in April.
  • Despite expectations that fundraising might slow in 2017 in the face of growing dry powder, the market continues to see strong momentum as the secular trends driving capital into the asset class (such as new investors) win out versus the cyclical headwinds (slowing exits and distributions).

Acquisitions

  • PE acquisition activity remains strong, up 20% on a year-to-date basis versus last year.
  • Deals in the middle market and large buyout space have remained steady over the last 16 months, averaging 21 deals per month.
  • Through the end of April, all regions have seen an increase in activity, with the greatest increase in EMEA.

Exits

  • Strength in the IPO markets and increased activity by PE investors in seeking to acquire PE-backed assets has led to a 22% increase by value in exit activity versus last year.
  • Thee bulk of exit activity is centered in the Americas, which has seen M&A exits increase by 55%, and IPOs increase more than 400% by value.
  • Pent-up demand for public offerings suggests global IPOs will continue to rise in 2017.
Private Equity Capital Briefing - April 2017

Download report

 

About the Private Equity Capital Briefing 

The Capital Briefing helps you keep current on private equity trends and data, including fundraising, acquisitions and exits. It also provides perspectives on the global M&A market, cross-border deal flows, initial public offerings (IPOs), debt and bond markets.