Thu, Jan 28, 2021
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

US private equity investment activity totaled $708.4 bn in 2020, down 7.3% from 2019

Wednesday, January 13, 2021

Laxman Pai, Opalesque Asia:

US private equity (PE) investment activity totaled $708.4 billion in 2020 (down 7.3 percent from 2019) across 5,309 separate deals (down 3.4 percent), marking the first decrease in both private equity value and number of transactions since 2009, said a study by the financial data and research provider Pitchbook.

Growth equity was a standout performer in 2020, investing the highest deal value on record at $62.5 billion, up 8.8% from 2019, revealed the Annual U.S. PE Breakdown Report.

However, the exit values came in much better expected in 2020, with $378.3 billion generated across 952 exits: an increase of 6 percent in value, against a 14 percent decrease in total exits from 2019.

Public listings were the preferred route for the largest exits in 2020 with eight of the 10 largest exits being public listings.

Against this backdrop-particularly given the resilience of IPO's (which accounted for 8 out of the 10 biggest private exits in 2020) and the runaway popularity of special purpose acquisition companies (or SPACs, the "blank check" companies that raised more money in 2020 than in all the years of the previous decade combined), PE turned in a pretty good year.

US PE fundraising dipped in 2020, with firms closing on 231 funds for a total of $203.2 billion - year-over-year declines of 38.4% and 36.6%, respectively. While fundraising was down, in part due to both a lack of mega-funds and virus-related issues, US PE firms still close......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Institutional Investors: Pensions swamped in a sea of negative real rates, Bahrain's pension fund authority faces collapse[more]

    Pensions swamped in a sea of negative real rates From FA Mag: Defined-benefit pension plans were already barely treading water heading into 2020. In the years ahead, the risk is as great as ever that a large swath of them will drown. As the name implies, defined-benefit pensions promis

  2. New Launches: Lesser-known Tiger Seed launches long-only fund, Bill Gates-led fund raises another $1bn to invest in clean tech, Claret Capital strikes initial close for first fund since spinout from Harbert[more]

    Lesser-known Tiger Seed launches long-only fund From Institutional Investor: A hedge fund whose largest investor is Julian Robinson Jr.'s Tiger Management has launched a long-only fund as part of a larger reshuffling of its investment vehicles. Tiger Legatus Capital Management, a so-ca

  3. Opinion: Hedge-fund tycoon Seth Klarman says investors are like frogs slowly boiling in a pot, Bridgewater's CEO on inequality, uncertainty, and polarization[more]

    Hedge-fund tycoon Seth Klarman says investors are like frogs slowly boiling in a pot From NY Post: If you start to feel warm - with a sudden urge to hop out of the stock market - there might be a reason for that. A prominent hedge-fund tycoon said investors are like frogs who are gett

  4. PE/VC: Venture capital takes off: How the lines between VC and PE are blurring, Global venture capital clusters in fewer firms, Bumper year for UK private equity as deals soar 257%[more]

    Venture capital takes off: How the lines between VC and PE are blurring From PE News: As 2020 came to an end, Ian Connatty, managing director of British Patient Capital (BPC), had good reason to feel satisfied with the progress of the organisation that he helped set up in 2018. In

  5. Investing: Short-squeezed hedge funds are now getting hit on their bullish bets too, Hedge funds and data companies are closely tracking the infamous WallStreetBets Reddit forum, , Solar stocks propel Asia hedge funds to supersized gains, Evotec shares rise amid speculation Melvin Capital closing short positions[more]

    Short-squeezed hedge funds are now getting hit on their bullish bets too From Bloomberg: With a full-blown retail raid targeting their short books, many of the stocks hedge funds are bullish on are suddenly in trouble, too. That has prompted the industry to cut their risk appetite at the