Capital Dynamics logo

Research

Q1 2018 Summary - Private Equity Review & Outlook

Highlights

  • Global fundraising continued at a robust pace. Mega and large cap buyout funds benefited from strong investor interest in the asset class supported by sizeable allocations from large investors.
  • Buyout investments surged as markets across the Atlantic saw the largest buyout deals since 2008. In Asia-Pacific, buyout activity in Australia was a bright spot as GPs capitalized on improving macroeconomic prospects in the region.
  • Market volatility curtailed public market exit activity. Exits to trade and financial buyers remained relatively robust.
  • Venture investment continued to build on last year’s strong momentum, with late stage companies attracting a large level of capital from non-venture capital funds. Quick deployment of capital by venture funds resulted in an accelerated fundraising pace with many experienced GPs returning to the market after a stellar 2016.

If you wish to continue reading, please request a copy of the report from info@capdyn.com.

 

Disclaimer: This document is provided for informational and/or educational purposes. The opinions expressed are as of June 2018 and may change as subsequent conditions vary. The information herein is not to be considered investment advice and is not intended to substitute for the exercise of professional judgment. Recipients are responsible for determining whether any investment, security or strategy is appropriate or suitable and acknowledge by receipt hereof that neither Capital Dynamics AG nor its affiliates (collectively, “Capital Dynamics”) has made any determination that any recommendation, investment, or strategy is suitable or appropriate for the Recipient’s investment objectives and financial situation. A reference to a particular investment or security by Capital Dynamics is not a recommendation to buy, sell or hold such investment or security, nor is it an offer to sell or a solicitation of an offer to buy such investment or security. Capital Dynamics may have a financial interest in investments or securities discussed herein or similar investments or securities sponsored by an asset management firm discussed herein. Certain information and opinions herein have been provided by a number of sources that Capital Dynamics considers to be reliable, but Capital Dynamics has not separately verified such information. Nothing contained herein shall constitute any representation or warranty and no responsibility or liability is accepted by Capital Dynamics as to the accuracy or completeness of any information supplied herein. Before relying on this information, Capital Dynamics advises the Recipient to perform independent verification of the data and conduct his own analysis hereto with appropriate advisors. Analyses contained herein are based on assumptions which if altered can change the conclusions reached herein. Capital Dynamics reserves the right to change its opinions or assumptions without notice. This document has been prepared and issued by Capital Dynamics and/or one of its affiliates. In the United Kingdom, this document is issued by Capital Dynamics Ltd., which is authorized and regulated by the Financial Services Authority. For residents of the UK, this report is only directed at persons who have professional experience in matters relating to investments or who are high net worth persons, as those terms are defined in the Financial Services and Markets Act 2000. In the EU, this document is issued to investors qualifying as professional investors (as that term is defined in the Alternative Investment Fund Managers Directive) by Capital Dynamics Limited (authorised and regulated by the Financial Conduct Authority). Registered office: 9th Floor, 9 Colmore Row, Birmingham, West Midlands, B3 2BJ, Company No. 02215798. In the United States, this document has been issued by Capital Dynamics Inc., an SEC-registered investment advisor. Redistribution or reproduction of this document is prohibited without written permission.