Sat, May 15, 2021
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Other Voices: Private equity ends 2020 on a high

Wednesday, January 27, 2021

By: Ian Bagshaw | Oliver Brahmst | Daniel Yeh

Global private equity dealmaking continued its dramatic return to form in the fourth quarter, posting a strong finish to the year. Total deal value in Q4 came to US$336.5 billion, a 40% increase on the same quarter in 2019, while volume climbed 12% to 1,510 deals over the same period.

The robust performance in the second half of the year has allowed PE value across the year to rise above the total in 2019. PE deals totaled US$555.1 billion in value across 2020, a 5% rise on 2019, although volume over the same period fell 18% to 2,042 deals. This was a remarkable feat, considering the disruption caused by the COVID-19 pandemic and the sluggish levels of activity in the first half of the year, highlighting a resilience within the market as PE firms quickly adapted to their new reality.

Buyouts-both primary and secondary-were especially active in the last three months of the year, with 1,044 deals worth a total of US$211.3 billion, a 17% rise in volume on the previous quarter and a 33% increase in terms of value. This stands in contrast with exit value, which-after a strong Q3-saw value fall 22% quarter on quarter to US$182.3 billion, even as volume climbed 37% over the same period to 690 deals.

European payment activity heats up

The strong Q4 performance was boosted by healthy activity in Western Eur......................

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. U.S.: Hedge funds facing Biden tax threat grab toehold in Puerto Rico[more]

    From Bloomberg: With Democrats pushing for higher taxes on the richest Americans to fund President Joe Biden's infrastructure and climate initiatives, hedge fund managers are taking refuge in Puerto Rico. ExodusPoint Capital Management and Millennium Management have established subsidiaries on t

  2. SPACs: SoftBank-backed Better to go public in $7.7bn SPAC deal, Turmoil in the SPAC market, SPACs that raise a lot of money will struggle to find startups, Biotech firm Ginkgo to merge with Harry Sloan-led SPAC in $17.5 billion deal[more]

    SoftBank-backed Better to go public in $7.7bn SPAC deal From PE Insights: SoftBank Group Corp-backed Better HoldCo said on Tuesday it will go public through a merger with a blank-check firm sponsored by investment firm Novator Capital, valuing the mortgage startup at $7.7bn. As p

  3. Hedge fund Tiger Global beats out Silicon Valley VCs, invests in 110 startups so far[more]

    From Business Insider: Tiger Global, a $65 billion hedge fund, is squeezing out venture capital firms to invest in startups. The company has taken part in 110 startup financings so far in 2021, according to PitchBook. Venture capitalists say its speed and sky-high valuations lead to its success

  4. SPACs: Why the 'SPAC Mafia' hedge funds aren't worried about SEC regulation, Bill Ackman's cagey SPAC update sends shares soaring as investors dream up a mega-deal, Arqit raising $400m with a SPAC to launch quantum encryption satellites in 2023[more]

    Why the 'SPAC Mafia' hedge funds aren't worried about SEC regulation From Business Insider: After a yearlong bout of SPAC mania, the red-hot market for blank-check companies is cooling down as regulators direct their attention to it. March was a record-breaking month for special-purpose

  5. Private strategies pay off for Tiger Global, other hedge fund titans[more]

    From Institutional Investor: Hedge funds' strategies to invest in private markets have been driving returns at a number of firms this year. Third Point, Greenlight, Tiger Global, and Maverick received big boosts in the first quarter from their private investing strategies. That shouldn't be a