The U.S. private equity industry has experienced incredible growth over the last decade, going from back page news to front page headlines. With a current ownership of 6,000 U.S. companies and total assets under management of over $1 trillion, it is an asset class with strong ties to both Main Street and Wall Street. PitchBook is producing a four-part series of reports to further explore the development, growth and trends during the last 10 years in the four core aspects of U.S. private equity: fundraising, investments, exits and fund returns.
This first installment focuses on U.S. private equity fundraising from 2001 through 2010. During this time, PE fundraising went from $68 billion in 2001 to a peak of $325 billion in 2007 before dropping to $90 billion in 2010. The number of private equity funds closed each year followed a similar trend with a total of 1,674 being raised during the decade. Total PE assets under management increased from $423.6 billion in 2001 to $1.36 trillion by the end of 2010. These statistics and many more like them demonstrate the ability of private equity to attract enormous sums of capital and the success the industry has experienced over the last decade.
Full report embedded below:
A decade ago, no one talked about tail risk hedge funds, which were a minuscule niche of the market. However, today many large investors, including pension funds and other institutions, have mandates that require the inclusion of tail risk protection. In a recent interview with ValueWalk, Kris Sidial of tail risk fund Ambrus Group, a Read More
PitchBook Decade Fundraising 2001 2010
H/T to Street of Walls