Fri, Mar 29, 2024
A A A
Welcome Guest
Free Trial RSS pod
Get FREE trial access to our award winning publications
Alternative Market Briefing

Private equity buyouts jump 10% to $582bn globally: Bain

Thursday, February 28, 2019

Laxman Pai, Opalesque Asia:

Global private equity (PE) funds produced another impressive surge in investment value in 2018, capping the strongest five-year stretch in the industry's history with $2.5tn in disclosed buyout deal value.

The total buyout value jumped 10% in 2018 to $582bn, capping the strongest five-year run in the industry's history, revealed Bain & Company's tenth annual Global Private Equity Report.

Limited partners (LPs) remained highly enthusiastic and continued to flood the market with fresh capital.

For general partners (GPs), putting record amounts of capital to work meant getting comfortable with a certain level of discomfort when investing. They were paying prices they swore they would never pay and looking to capture value that may prove elusive post-close.

The most effective GPs stepped up their game to identify targets and sharpen diligence, while simultaneously planning for the worst.

"The last five years, from 2014-2018, have been some of the best in the private equity industry. We've seen some of the highest levels of capital raised and put to work, the most exits and decent returns," said Hugh MacArthur, global head of Bain & Company's Private Equity practice.

Fierce competition and rising asset prices continued to constrain deal count-pushing down the number of individual buyout transactions by 13%, to 2,936 worldwide-but total buyout value jumped 10% to $582bn (including add-on deals), capping......................

To view our full article Click here

Previous Opalesque Exclusives                                  
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. KKR raises $6.4bn for the largest pan-Asia infrastructure fund[more]

    Laxman Pai, Opalesque Asia: The New York-based global investment firm KKR has raised a record $6.4bn for its second Asia-focused infrastructure fund, underlining investors' continued appetite for private markets. According to a media release from the alternative assets manager, the figure top

  2. Bucking the trend, top hedge fund makes plans for a second SPAC[more]

    From Institutional Investor: SPACs aren't dead. At least not to the folks at Cormorant Asset Management. The life sciences firm, whose hedge fund topped its peers in 2023, is confident it will match the success of its first blank-check company. Last week, the life sciences and biopharma speciali

  3. Benefit Street Partners closes fifth fund on $4.7 billion[more]

    Bailey McCann, Opalesque New York: Benefit Street Partners has closed its fifth flagship direct lending vehicle, BSP Debt Fund V, with $4.7 billion of investable capital across the strategy. Benefit Street invests primarily in privately originated, floating rate, senior secured loans. The fun

  4. 4 hedge fund themes that are working in 2024[more]

    From The Street: A poor earnings report from Tesla (TSLA) has not hurt the indexes on Thursday. The decline in Tesla stock, which is losing its position in the Magnificent Seven pantheon, is more than offset by strong earnings from IBM (IBM) and ServiceNow (NOW) . In addition, the much higher-t

  5. Opalesque Exclusive: A global macro fund eyes opportunities in bonds[more]

    Bailey McCann, Opalesque New York for New Managers: Munich-based ThirdYear Capital rebounded in 2023, following a tough year for global macro. The firm's flagship ART Global Macro strategy finished the year up 1