PitchBook

The Pulse of Private Equity – 12/16/2024

Oil & gas fundraising activity Download PitchBook’s Report here. Of the six oil & gas funds to close through Q3, three funds raised over $500 million. The largest fund, Carnelian Energy Capital V, raised $975 million, followed closely by EnCap Flatrock Midstream Fund V on $931 million, though this was well below its $3 billion target…

The Pulse of Private Equity – 12/9/2024

PitchBook indexes: PE funds rolling one-year horizon IRRs by size Download PitchBook’s Report here. The one-year IRR decreased back to single digits in Q1 2024, coming in at 8.7% for the asset class globally, well below its 14.2% average since 2009…. Subscribe to Read MoreAlready a member? Log in here...

The Pulse of Private Equity – 11/18/2024

Healthcare services PE deal count by quarter Download PitchBook’s Report here. Within healthcare services, some of the areas that continue to see the highest levels of sponsor demand and interest, including medspa and outpatient mental health, also have a scarcity of platform-scale assets…. Subscribe to Read MoreAlready a member? Log in here...

The Pulse of Private Equity – 11/11/2024

PE-backed healthcare services company count by subsegment and hold time Download PitchBook’s Report here. We expect to see three things happen in physician practice management companies (PPMs) in the next year or so. First, a few large platforms have traded recently, and a few more are close to the finish line…. Subscribe to Read MoreAlready a member? Log

The Pulse of Private Equity – 11/4/2024

Platform LBO and growth equity deals as a share of all PE deals Download PitchBook’s Report here. In Q1 2023, growth equity deal count overtook platform LBO deal count for the first time ever, and that trend has persisted since…. Subscribe to Read MoreAlready a member? Log in here...

The Pulse of Private Equity – 10/21/2024

Median EV/revenue multiples on PE deals below $25 million Download PitchBook’s Report here. While we do not believe the much-feared valuation reset is in the cards, we do believe the uptrend in EBITDA multiples will be disrupted as deal volumes expand, especially among PE owners selling to other PE firms…. Subscribe to Read MoreAlready a member?

The Pulse of Private Equity – 10/14/2024

PE take-private deal activity Download PitchBook’s Report here. In Q3 2024, take-private deal activity plummeted from the two-year high recorded in Q2. Deal count declined from 31 to 18, and deal value plunged from $71.6 billion to $43.9 billion…. Subscribe to Read MoreAlready a member? Log in here...

The Pulse of Private Equity – 10/7/2024

Global PE deal activity Download PitchBook’s Report here. Global PE deal activity maintained a healthier tally in aggregate value even as counts dipped slightly from Q2 tallies, according to the most recent figures from PitchBook in its Global PE First Look…. Subscribe to Read MoreAlready a member? Log in here...

The Pulse of Private Equity – 9/30/2024

New family offices and wealth-management firms founded annually Download PitchBook’s Report here. Private market AUM held in drawdown funds is nearly $15 trillion globally, up from less than a trillion in 2000, handily outpacing the growth in public markets. However, outside of ultra-high-net-worth individuals (UHNWIs) and those with privileged networks, individual investors have been largely left…