PitchBook
Carveout activity rebounds: Why corporate owners are selling
Download PitchBook’s Report here. At the same time interest rates inflected upward for PE borrowers, earnings growth inflected downward for business…
Read MoreMedian North America and Europe PE buyout EV/EBITDA multiple
Download PitchBook’s Report here. A quarter in 2024, PitchBook data shows that buyout multiples remain elevated. The trailing 12-month mark for…
Read MorePrivate debt fund performance
Download PitchBook’s Report here. Drilling down to the major substrategies, mezzanine funds kicked into high gear with a one-year horizon return…
Read MoreIntroducing LCD’s dual-track default rate: Sponsors drive distressed exchanges
Download PitchBook’s Report here. In tandem with LCD’s legacy criteria capturing general defaults of missed payments and bankruptcy filings, LCD is…
Read MoreMedian PE middle-market EV/EBITDA multiples
Download PitchBook’s Report here. Both EV/EBITDA and EV/revenue multiples tell a similar story for middle markets: Valuations reached their apex in…
Read MorePrivate equity
Download PitchBook’s Report here. With dealmaking flush, PE capital calls as a percentage of dry powder reached 49.7% in 2021, well…
Read MoreShare of PE capital raised by size bucket
Download PitchBook’s Report here. By count, middle-market funds (between $100 million and $5 billion) accounted for 62.7% of PE fundraising, the…
Read MoreGross private credit returns/appreciation by manager*
Download PitchBook’s Report here. The top seven US-listed alt managers with credit strategies—including TPG, as its acquisition of Angelo Gordon (AG)…
Read MoreThe Pulse of Private Equity – 2/19/2024
Despite the uptick in LBO EBITDA yields, the risk-free rate’s move up makes 2023 valuations particularly unattractive, historically speaking. Download…
Read MoreThe Pulse of Private Equity – 2/12/2024
Over the long term, PE growth and buyout have been standout performers. VC was keeping pace but has retrenched since…
Read More