PitchBook
Private debt institutional, retail, and insurance AUM ($B)
Download PitchBook’s Report here. Perpetual vehicles for the private wealth investor, also known as semiliquid funds, raised $122 billion in 2024.
Read MoreIdentifying likely buyout take-private targets
Download PitchBook’s Report here. Since the inception of the buyout strategy in the 1980s, buyout managers have maintained a core playbook:…
Read MoreMorningstar PitchBook Buyout Replication Index excess performance attribution (annualized)
Download PitchBook’s Report here. A returns-based factor analysis using the Fama-French five-factor model plus momentum reveals that the positive alpha from…
Read MoreFinancial leverage for buyout deals by deal year
Download PitchBook’s Report here. Greater leverage is another key distinguishing characteristic of buyout-backed companies. Over the past 10 years, the average…
Read MoreHypothetical growth of $100 invested by index
Download PitchBook’s Report here. PitchBook and Morningstar recently introduced their Buyout Replication index, which is snapshotted below in part.
Read MoreUS PE EV/EBITDA multiples
Download PitchBook’s Report here. Going forward, as deal volumes expand—especially among PE owners selling to other PE firms—a recent uptrend in…
Read MorePE-backed company inventory by deal year
Download PitchBook’s Report here. 2024 has ended with a record-low exit/ investment ratio of 0.36x, as dealmaking activity once again races…
Read MoreCarveouts/divestitures as a share of all US PE buyouts by quarter
Download PitchBook’s Report here. Carveouts accounted for 11.8% of all US PE buyouts in Q4 2024, a sequential quarterly increase.
Read MoreUS industrials PE deal activity
Download PitchBook’s Report here. Industrials PE activity was relatively strong in 2024, with industrials seeing an estimated 1,799 deals and $135.8 billion in…
Read MorePlatform LBO and growth equity deals as a share of all US PE deals
Download PitchBook’s Report here. Growth equity continues to represent an outsized share of deals.
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