Five limited partners reported that they invested at least $250 million in individual funds during during the first quarter, according to research by Buyouts magazine.
U.S.-based buyout and mezzanine firms collected about $26.1billion in commitments during the first quarter, with nearly $1.7 billion from mezzanine funds. The 2013 fundraising drive is slightly behind 2012’s pace. At this time last year, fundraising stood at $26.5 billion.
Exiting by U.S.-based financial sponsors has been laid-back during the first three months of the New Year. By the numbers, exits both by mergers and acquisitions and those by initial public offerings have been slow.
The Private Equity Growth Capital Council issued a performance update report in mid-March that shows quite a bit of disparity among the major PE benchmarks at the 10-year mark, from 9.1 percent on the low end to 20.4 percent at the high end.
Fundraising by U.S.-based buyout and mezzanine funds nudged slightly higher during the last two weeks and stands at more than $19.1 billion.
The Private Equity Growth Capital Council released a report in mid-March indicating that private equity continues to strengthen the retirement security.
Standard & Poor’s Financial Services, which tracks entities it views as most at risk with its monthly “weakest links” report, identified 149 entities around the world in its latest listing (release March 7).
Domestic buyout and mezzanine firms have secured about $19 billion in commitments so far this year. The latest roundup includes two closing above $1 billion.
What is the right hurdle for private equity firms before they receive carry?
Chart of the Week: Study Says 23.1% Of NA Buyout Funds Can Amend Partnership Pacts If Carried Interest Tax Rate Change
The Private Equity Growth Capital Council released a whiteboard video in February to defend the treatment of carried interest at the capital gains rate.
Buyouts and mezzanine firms in the U.S. have collectively secured about $12.2 billion in commitments so far in 2013.
Each of the seven U.S. buyout shops listed below is experiencing success in the stock market.
U.S. buyout firms have taken a modest lead in performance over global buyout firms in the 3-year and 5-year time periods, according to the latest performance figures from Thomson Reuters, publisher of Buyouts.
The U.S. PE Index, which measures activity in the U.S. private-equity market, climbed 23 percent in the fourth quarter to 123.9, according to the Private Equity Growth Capital Council.
The past two weeks reflect a number of fundraising moves by U.S.-based buyout and mezzanine firms that pushed total capital committed in 2013 to about $8.6 billion.
Private equity’s involvement in transactions during 2012 improved from 2011 levels, according to data from Thomson One.
The past year has been good to business development companies on the capital raising front.
Fundraising by U.S.-based firms have collectively captured $6.4 billion in capital so far this year. The aggregate was helped by the efforts of Silver Lake.