Median step-up from previous PE middle-market fund in fund family Download PitchBook’s Report here. As capital continues to concentrate among fewer managers, conditions have favored those raising larger vehicles. Eight funds of $1 billion or more held final closes in Q3, the most of any quarter this year…. Subscribe to Read MoreAlready a member? Log in
Continuation-fund-related PE exit count Download PitchBook’s Report here. Exits through continuation funds, also known as GP-led secondaries, are one way that sponsors can provide liquidity to LPs while also giving themselves more time to create additional value within their portfolio companies…. Subscribe to Read MoreAlready a member? Log in here...
Share of PE middle-market exit value by type Download PitchBook’s Report here. Middle-market companies offer a wide array of exit options, as their smaller size makes them attractive targets for acquiring niche or local markets, enhancing business capabilities, and increasing market share…. Subscribe to Read MoreAlready a member? Log in here...
Carveout/divestiture count as a share of all PE middle-market deals by quarter Download PitchBook’s Report here. While quarterly figures can fluctuate, annual trends provide a clearer benchmark, showcasing that carveouts are a core deal type for sponsors…. Subscribe to Read MoreAlready a member? Log in here...
PE take-private deal activity Download PitchBook’s Report here. Middle-market take-private activity dwindled in Q3, with PE buyers underwriting just four announced or completed deals under $1 billion across North America and Europe…. Subscribe to Read MoreAlready a member? Log in here...
Share of funds larger than predecessor: top 10% of funds by size Download PitchBook’s Report here. For this analysis, we broke apart the largest 10% of funds raised each year from the remaining 90%…. Subscribe to Read MoreAlready a member? Log in here...
Private capital dry powder ($B) Download PitchBook’s Report here. Enough capital was raised to more than compensate for the capital calls issued thus far in 2025 to cause dry powder to grow again from the year-end 2024 figure…. Subscribe to Read MoreAlready a member? Log in here...
Private debt nowcast versus reported return Download PitchBook’s Report here. The Private Debt Barometer remains stable and near neutral with a score of 54, producing a nowcast of 2.8% and a desmoothed nowcast of 2.9% for Q3 2025…. Subscribe to Read MoreAlready a member? Log in here...
PE nowcast versus reported return Download PitchBook’s Report here. The PE Barometer remains in neutral territory with a score of 57, producing a nowcast of 3.9% and a desmoothed nowcast of 4.8% for Q3 2025…. Subscribe to Read MoreAlready a member? Log in here...
Median step-up from previous PE middle-market fund in fund family Download PitchBook’s Report here. With less capital available to allocate, many LPs are consolidating the number of managers they commit capital to, often siding with managers they have longer-standing relationships with, which tends to be larger megafund managers or a select few in the middle market….