PEI 300 Inside the ranking of private equity's biggest fundraisers Welcome to this year's PEI 300
The PEI 300 - 2021
06:19 The changing face of the PEI 300... in 30 seconds
Click the button below to see how the ranking has evolved since it was launched in 2007, when $32bn earned top spot
Headquartered in North America Europe
The Carlyle Group 32,500
KKR 31,000
Goldman Sachs 31,000
Blackstone 28,360
TPG 23,500
Apax Partners 18,850
Bain Capital 17,300
CVC Capital Partners 15,650 Apollo Global Mgt 13,900 2007 Warburg Pincus 13,300
0 10,000 20,000 30,000 40,000 50,000 60,000 70,000 80,000 90,000 100,000 Capital raised over preceding five years ($m)
Source: Private Equity International 10 biggest risers
The firms that made the biggest leap in this year's PEI 300 Headquartered in North America Europe Asia-Pacific
Arcline Investment Management (Rank: 128) Up 157 places - Capital raised: $4,250m
Värde Partners (135) Up 119 places - Capital raised: $3,980m
Charlesbank Capital Partners (60) Up 108 places - Capital raised: $8,600m
Wind Point Partners (192) Up 106 places - Capital raised: $2,579m
5Y Capital (171) Up 99 places - Capital raised: $2,872m
Coatue Management (121) Up 91 places - Capital raised: $4,430m
General Catalyst Partners (116) Up 86 places - Capital raised: $4,520m
Vitruvian Partners (79) Up 84 places - Capital raised: $7,263m
Vistria Group (112) Up 79 places - Capital raised: $4,664m Hover over the pointer to discover more about the firms making their mark on this Novacap (150) Up 78 places - Capital raised: $3,357m year's PEI 300
0 20 40 60 80 100 120 140 160 Rise in ranking
Source: Private Equity International 10 biggest fallers
The firms that dropped the furthest over the last 12 months
Headquartered in North America Europe Asia-Pacific
GCM Grosvenor (Rank: 216) Down -125 places - Capital raised: $2,283m
Crestview Partners (227) Down -123 places - Capital raised $2,150m
Bessemer Venture Partners (255) Down -123 places - Capital raised: $1,900m
Trustbridge Partners (296) Down -112 places - capital raised: $1,580m
Tailwind Capital Partners (266) Down -110 places - capital raised: $1,800m
ICONIQ Capital (274) Down -108 places - capital raised: $1,751m
Lovell Minnick Partners (268) Down -89 places - capital raised: $1,782m
Cortec Group (230) Down -88 places - capital raised: $2,100m
Hermes GPE (215) Down -87 places - capital raised: $2,311m
Flexpoint Ford (239) Down -86 places - capital raised: $2,000m
-120 -100 -80 -60 -40 -20 0 Fall in ranking
Source: Private Equity International The PEI 300 by region
How the ranking breaks down by firm HQ and capital raised Capital raised ($bn)
1,800
1,600
1,400
1,200
1,000
Europe 50 firms 800
North America Asia-Pacific 600 206 firms 43 firms 400 197
MENA 0 firms 200
0 1,632 423
North America Europe Latin America 1 firm Asia-Pacific
Rest of the world: $3bn
Source: Private Equity International Fundraising by region
Despite just 11 of the top 50 Average capital raised firms being headquartered on the continent, Europe-based firms had the highest average five-year fundraising total across the whole ranking $7,918m North America $8,470m Europe
$7,516m PEI 300
$4,572m Asia-Pacific
Source: Private Equity International Asia's biggest firms
This year there are nine Asia-Pacific-headquartered firms in the top 100, up from five in 2010. Asia-Pacific-based funds in 2020 had a combined five-year fundraising total of $197bn
China Merchants Capital (Shenzhen) (Rank: 27) 19,106
Hillhouse Capital Group (Hong Kong) (35) 16,079
MBK Partners (Seoul) (42) 13,476
Baring Private Equity Asia (Hong Kong) (54) 10,315
CPE (Beijing) (59) 8,736
China Everbright Limited (Hong Kong) (75) 7,544
Primavera Capital Group (Beijing) (78) 7,320
PAG (Hong Kong) (90) 6,694
Affinity Equity Partners (Hong Kong) (91) 6,374
CITIC Capital (Hong Kong) (101) 5,956
0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 16,000 18,000 20,000 Capital raised over last five years ($m)
Source: Private Equity International Europe's biggest firms
There are 50 Europe-headquartered firms in the PEI 300 this year, the same as in the 2020 list and down from 56 in 2019 and 64 in 2010
CVC Capital Partners (London) (Rank: 3) 60,426
EQT (Stockholm) (6) 44,230
Cinven (London) (17) 27,946
Permira Advisers (London) (20) 23,040
Apax Partners (London) (21) 21,594
Ardian (Paris) (25) 20,111
Partners Group (Zug) (26) 19,268
Hg (London) (31) 17,792
PAI Partners (Paris) (41) 13,686
Bridgepoint (London) (43) 13,139
0 10,000 20,000 30,000 40,000 50,000 60,000 Capital raised over last five years ($m)
Source: Private Equity International New entries and re-entries
There are 47 new entrants into this year’s PEI 300, with a collective five-year fundraising total of $127bn
Headquartered in North America Europe Asia-Pacific
China Merchants Capital (Rank: 27) 19,106
PSG (104) 5,665
Wellington Management Company (134) 3,993
ARCH Venture Partners (140) 3,718
Peak Rock Capital (148) 3,400
Spectrum Equity (154) 3,154
JMI Equity (170) 2,900
3i Group (172) 2,859
Brightstar Capital Partners (175) 2,820 Hover over the pointer to discover more about the Oak HC/FT (177) 2,800 firms making their mark on this year's PEI 300 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 16,000 18,000 20,000 Capital raised over last five years ($m)
Source: Private Equity International The PEI 300 is compiled from data collected by PEI Media's research and analytics department. For more information, contact Daniel Humphrey Rodriguez Head of Fund Manager Research [email protected]
Production: Mike Simlett
Design: Pio Blanco