DOCSLIB.ORG

Women in Private Equity Firms, by Firm Size

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Women in Private Equity Firms, by Firm Size 8 WOMEN I N 1 0 PRIVATE EQUITY Published May 2018 2 Report produced by the BVCA and Level 20 WITH THANKS Level 20 Level 20 Volunteers BVCA Craft.co Jeryl Andrew Melissa Bennington Franziska Kayser Tim Hames CEO, Level 20 BC Partners KKR Director General Victoria Peck Letizia Bellucci Whitney Lutgen Noelle Buckley Project Associate, Level 20 Cinven MJ Hudson Director of Research Sophie Bower-Straziota Natalie Miller Vitruvian KKCG Cécile Belaman Sarah Brereton Barbara Rauber Sophie Clemence craft.co Bain Capital Keyhaven Capital Exponent Senior Marketing and Design Executive Dana Haimoff Danielle Candfield Abigail Rayner JPMorgan Asset Hg Octopus Gurpreet Manku Management Deputy Director General Cleo Cheung Goodman Ria Shah and Director of Policy Kathryn Mayne OTPP Pantheon Horsley Bridge Pavel Timashkov Anastasia Ezhova Susie Stanford International Research Consultant TDR Livingbridge Travis Winstanley Lucy Hosmer Fabienne Trevere Diversity VC Hollyport USS Caroline Woodworth Nimisha Kanani Kaja Wilmanska General Atlantic Bain Capital Bridgepoint We would like to thank all 179 firms that participated in the survey. “We now have reliable data on “This study confirms that private “It is great to see that the private “The results of this first the number of women working equity and venture capital has a equity industry is now engaged comprehensive study in the in the private equity industry lot to do in terms of increasing in the diversity conversation. This UK demonstrate how much and can track progress. Whilst the number and seniority of report highlights that gender work needs to be done in order currently only 6% of senior women in the industry. There diversity is critically lacking in to attract, retain, support and investment roles are held by is irrefutable evidence that senior investment roles. We now promote women in the private women – a long way from our addressing this would also be have a baseline against which to equity industry. Research from goal of 20% - it is encouraging good for investment decision measure progress going forward. other asset classes shows that to see the numbers in middle- making and performance. This is an incredibly important more diverse teams make ranking and junior investment That has certainly been my step that should galvanise further better investment decisions, so roles. Level 20 will continue experience.” positive action to recruit, retain I do not see why private equity to work on ensuring that the and promote talented women in should be any different. In order industry is one where talented Calum Paterson our amazing industry. It has been to maintain our edge as a top women wish to stay to build Chair, BVCA proven in many instances that performing asset class, we must successful careers.” Managing Partner, Scottish greater diversity in leadership work harder to increase the Equity Partners styles and decision-making participation of the 50% of the Jennifer Dunstan drives better performance and talent pool which is not being Chair, Level 20 investment returns. Now is the tapped.” Partner, Head of Fund Investor time for the industry to drive Relations, 3i change and show how it will Helen Steers achieve, and indeed surpass, the Past Chair, BVCA 20% objective set by Level 20.” Partner, Pantheon Cheryl Potter Vice-Chair, BVCA Partner, Permira CONTENTS FOREWORD 6 “Private equity firms today are much more cognizant of diversity, not just because it is the SUMMARY 9 ‘right thing to do’, but also we realise it is an enabler of value creation. Research points to statistically significant correlations between OVERVIEW OF THE INDUSTRY 10 a diversified workforce and strong corporate financial performance. In addition to the PARTICIPATING PRIVATE EQUITY FIRMS 12 financial benefits, diversity has also been proven to prevent ‘groupthink’, attract the best talent and contribute to a better organisational health.” OUR FINDINGS 14 Cécile Belaman FOCUS GROUPS 23 Managing Director, Bain Capital RECOMMENDATIONS 30 METHODOLOGY 36 APPENDICIES 38 5 FOREWORD The BVCA and Level 20 are delighted to launch the Jeryl Andrew first report on the number of women working in CEO, Level 20 the private equity industry. Tim Hames Increasing the participation of women in the industry in Director General, BVCA general and representation in senior roles in particular is a strategic priority for the BVCA and Level 20, a non-profit organisation which was created to drive this change. We believe that greater diversity can improve decision-making and we welcome the growing body of evidence to support the case for diversity enhancing performance in business more generally. This research provides a robust and valuable data set that highlights the lack of gender diversity in senior investment roles. The pipeline, however, is promising and we will continue to work with the industry to improve on these results over the coming years. We would like to thank the research team at the BVCA and the Level 20 volunteers for their commitment and enthusiasm throughout this project. 6 “This report is an important and timely contribution to the ongoing gender diversity debate within private equity. It seems clear that we still have quite a way to go! In our experience an organisational culture that welcomes and supports diversity is fundamental to moving the dial on this issue.” Wol Kolade Managing Partner, Livingbridge 7 PURPOSE OF THIS STUDY The purpose of this study is to look at the UK private equity industry from a perspective that has never been seen before. For the first time, a baseline data set has been created revealing: • the number of men and women working in private equity; • how the ratio compares to the benchmarks of other industries; • whether the size of the firm has an impact on the number and seniority of men and women; and • most importantly, the decision makers who are helping create the companies, jobs, cultures and products of the future. This study includes 179 private equity firms with a presence in the UK who shared with us the composition of their pan-European team representing circa 5,000 employees. 8 SUMMARY In December 2017 the BVCA and Level 20 reached out to 179 private equity firms with a presence in the UK to share with us the composition of their pan-European teams. The purpose of this study was to create a dataset that would % not only allow us to measure gender diversity in the industry, but 29 Overall private also examine the type of roles women have and their seniority. equity workforce The study collected and amalgamated data on circa 5,000 employees working in private equity as at January 2018, thus providing one of the most comprehensive views of the industry. Breaking down the figures by position and seniority we see that 6% of senior investment team roles are held by women. 14% To gain a deeper understanding of the drivers behind this Private equity figure, and gender diversity within private equity as a whole, investment a number of focus groups were held to foster discussion and teams % of recommendations to increase female representation at all levels. women This active participation by firms, the greater representation working in private equity of women at junior levels, and the work of Level 20 and the 6% firm roles BVCA has created optimism within the private equity industry. Senior private equity investment The BVCA and Level 20 would like to thank all the firms and professionals individuals who participated in the study and the focus groups. 9 OVERVIEW OF THE INDUSTRY A growing asset class Institutional investors in the asset class, including pension funds, insurance companies and endowments, benefit from Private equity in the UK and Europe is a growing asset class strong returns that flow to their ultimate beneficiaries. BVCA with record numbers of deals in recent years. It is also an asset research has shown that although a long-term asset class, class that makes a significant contribution to the economy private equity has had strong performance generating three with circa 450,000 people employed in the UK and c.8 million and five year annual returns of 12.7% and 13.7%, respectively, across Europe. Private equity funds managed in the UK compared to the FTSE All-Share, which returned 6.1% and currently invest in circa 3,800 companies, most of them SMEs. 10.1% to investors over the same respective time periods. Source: BVCA and Invest Europe research UK private equity deals European private equity deals 40 120 100 30 80 20 60 40 10 Volume of deals (€bn) Volume of deals (€bn) 20 0 0 2010 2011 2012 2013 2014 2015 2016 2017 2010 2011 2012 2013 2014 2015 2016 2017 Year Year 10 Source: Dealogic as of May 2018. Excludes exits and add-ons There is no typical private equity firm This in turn affects the number of people required in different roles. Firms also have different business models based on their One of the early findings in this report is that there is a significant strategies and again, this will shape how many people they range in the size of firms by number of people that have have in their investment teams. participated in this study. So can we establish what a typical private equity firm looks like? The short answer to this question To illustrate this diversity in firm sizes, one large buyout house is 'no' and this reflects the sheer diversity of firms operating in shared information on the composition of its team. the UK and European private equity market. Of the 113 people working at the firm, 51% worked in the This research report covers firms with a presence in the UK investment team, split between the deal team (37%) and the that shared data on their pan-European teams.
Load more

Recommended publications
  • Staffing M&A Funders and Advisors
    Global Market Information and Forecasts Staffing M&A Funders and Advisors 2 September 2020 | Adam Pode, Director of Research (EMEA & APAC) | [email protected] M&A Funders and Advisors Directory | 2 September 2020 Introduction Use this report to identify M&A • This directory provides full records for over 30 companies operating in the M&A space funders and advisors and around the world. Some firms provide services in just one market while others provide understand the nature of their international and cross-border M&A advice and services in up to 40+ countries. They are services listed in alphabetical order, and an index is provided at the rear of this document (page 34). • An additional 115+ firms who have been identified as providing M&A services are also shown (pages 28 to 33). We have tried to make this report as exhaustive as possible, but if there are additional companies you believe should be listed, or if you would like to contribute a “full” entry within this directory, please contact the author, shown below. • This report is designed as a standalone document but can also be read in conjunction with our M&A reports which are available to subscribers of Staffing Industry Analysts’ research services. These included our interactive dashboard of staffing and workforce solutions M&A activity, which details more than 1,300 transactions in the sector. • If you are interested in joining our service or require further information, please contact Tina McGarvey at [email protected]. In addition, you can subscribe free to our Daily News, which reports deals as and when they happen, by clicking here.
    [Show full text]
  • Value in Private Equity: Where Social Meets Shareholder 3 OPPORTUNITIES ALIGNED
    VALUE IN PRIVATE EQUITY WHERE SOCIAL MEETS SHAREHOLDER By Mark Hepworth Big Issue Invest March 2014 2 MOVING TOWARDS AN ERA OF OPPORTUNITY FOR ALL... The imbalance of opportunity in society is as striking today as it ever was. In my opinion though, this lack of opportunity is caused, not so much by opportunity not being there, but because of the lack of educational qualifications, or other criteria, such as direction and focus being absent in poorer sections of society. Clearly someone who attended private school, comes from a wealthy and educated family, and who completed their education to degree level is more likely to achieve than someone who was brought up as part of a one parent family, located in an inner city borough, didn’t attend much school and left at the earliest opportunity without any exam passes. Opportunity is always there for those naturally gifted, or lucky enough to spot it, or perhaps those educated enough to recognise it. I recently had lunch with a leading politician and mentioned my belief that we simply must find a way of linking the powerful stallions of free enterprise to the carriage of humanity that follows behind. It is essential in a modern democratic society that we work toward inclusion for all. Forget making the rich poorer, let’s make the poor richer. To most, the goal of private equity investment is typically seen as working in direct conflict to this goal of social inclusion. The media tends to distort and exaggerate the sector like a pantomime villain - asset stripping, job losses, financial engineering...the list goes on.
    [Show full text]
  • (A) Bond Plaintiffs' Motion
    Case 1:08-cv-09522-SHS Document 160 Filed 06/07/13 Page 1 of 89 UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK IN RE CITIGROUP INC. BOND LITIGATION Master File No. 08 Civ. 9522 (SHS) ECF Case DECLARATION OF STEVEN B. SINGER IN SUPPORT OF: (I) BOND PLAINTIFFS’ MOTION FOR FINAL APPROVAL OF CLASS ACTION SETTLEMENT AND PLAN OF ALLOCATION, AND (II) BOND COUNSEL’S MOTION FOR AN AWARD OF ATTORNEYS’ FEES AND REIMBURSEMENT OF LITIGATION EXPENSES Case 1:08-cv-09522-SHS Document 160 Filed 06/07/13 Page 2 of 89 TABLE OF CONTENTS I. INTRODUCTION .............................................................................................................. 1 II. PROSECUTION OF THE ACTION .................................................................................. 4 A. Bond Counsel’s Efforts to Identify and Preserve the Claims of Investors in Citigroup’s Bonds and Preferred Stock .................................................................. 4 B. Preparation of the Consolidated Amended Class Action Complaint, and Summary of the Claims Asserted ........................................................................... 6 C. The Citigroup Defendants’ and the Underwriter Defendants’ Extensive Motions to Dismiss ............................................................................................... 12 D. The Court’s Opinions Largely Denying Defendants’ Motions to Dismiss, and Denying Defendants’ Motion for Reconsideration ........................................ 15 E. Bond Plaintiffs Conduct Extensive Discovery and Motion Practice
    [Show full text]
  • Thomas Cook Finance Plc €400,000,000 6.75% Senior Notes Due 2021
    OFFERING MEMORANDUM Thomas Cook Finance plc €400,000,000 6.75% Senior Notes due 2021 Thomas Cook Finance plc, a public limited company incorporated under the laws of England and Wales (the “Issuer”), on 21 January 2015 issued (the “Offering”) €400,000,000 aggregate principal amount of its 6.75% Senior Notes due 2021 (the “Notes”). The Issuer will pay interest on the Notes semi-annually on each of 15 June and 15 December, commencing 15 June 2015. The Notes will mature on 15 June 2021. Prior to 15 January 2018, the Issuer will be entitled to redeem all or a portion of the Notes by paying 100% of the principal amount of the Notes plus the relevant “make-whole” premium as more specifically described in this Offering Memorandum. At any time on or after 15 January 2018, the Issuer may redeem all or part of the Notes at the redemption prices set forth in this Offering Memorandum. In addition, prior to 15 January 2018, the Issuer may redeem up to 35% of the Notes with the aggregate proceeds from certain equity offerings at a redemption price of 106.750% of the principal amount thereof, plus accrued and unpaid interest, if any. Upon the occurrence of certain events constituting a change of control or upon the sale of certain assets, the Issuer may be required to make an offer to purchase the Notes at a redemption price equal to 101% of the principal amount thereof, plus accrued and unpaid interest, if any. In addition, in the event of certain developments affecting taxation, the Issuer may redeem all, but not less than all, of the Notes.
    [Show full text]
  • Financialreportpdf2020.Pdf
    Finance chap 1.qxp_Layout 1 1/16/20 2:32 PM Page 1 Finance chap 1.qxp_Layout 1 1/16/20 2:32 PM Page 2 Industry Insight 4 MACROECONOMIC Set to soar: Momentum EGYPT’S FINANCE SECTOR acked by strong legislative reforms and an improving macroeconomy, Egypt’s financial sector holds a treasure chest of opportunities. The latest edition of BAmCham Egypt’s Financial Services Industry Insight looks 13 INSURANCE Still Untapped at all aspects of the sector from banks to insurance to the capital markets, and more. The issue starts with a look at the macroeconomic progress of the past three years, with the latest data from Egypt’s economic turnaround, an assessment of potential challenges and the reform plan going forward. This is followed by a chapter on the insurance sector’s growing potential and a BANKS BREWING 19 third chapter covering the key drivers behind the banking Business sector’s expanding investment. Chapters four and five offer updates on the closely related topics of financial inclusion and fintech, detailing the role of retail lending, e-banking and non-banking channels in drawing more consumers and SMEs into the financial system. Finally, chapter six has the latest on trends in the stock market, with a special look at 26 CRACKING private equity and Egypt’s new sovereign wealth fund. Consumer Credit Khaled Sewelam Director, Research and Publications FINTECH IS 34 Flourishing Amira Sheha Research Manager Fadila Noureldin Author and Senior Economic Researcher Kate Durham Editor and Head of Corporate Publications Nessim N. Hanna CAPITAL Senior Art Director 39 Crunch Emy Emile Senior Graphic Designer Verina Maher Graphic Designer Amany Kassem Advertising & Business Development Director Publications/Research EXPLOITING Lamia Seleit Sovereign Capital 45 Advertising Specialist Rowan Maamoun Advertising & Ad Traffic Coordinator Hani Elias Production Supervisor ©2019 AmCham Egypt’s Business Studies & Analysis Center.
    [Show full text]
  • Bankrupt Subsidiaries: the Challenges to the Parent of Legal Separation
    ERENSFRIEDMAN&MAYERFELD GALLEYSFINAL 1/27/2009 10:25:46 AM BANKRUPT SUBSIDIARIES: THE CHALLENGES TO THE PARENT OF LEGAL SEPARATION ∗ Brad B. Erens ∗∗ Scott J. Friedman ∗∗∗ Kelly M. Mayerfeld The financial distress of a subsidiary can be a difficult event for its parent company. When the subsidiary faces the prospect of a bankruptcy filing, the parent likely will need to address many more issues than simply its lost investment in the subsidiary. Unpaid creditors of the subsidiary instinctively may look to the parent as a target to recover on their claims under any number of legal theories, including piercing the corporate veil, breach of fiduciary duty, and deepening insolvency. The parent also may find that it has exposure to the subsidiary’s creditors under various state and federal statutes, or under contracts among the parties. In addition, untangling the affairs of the parent and subsidiary, if the latter is going to reorganize under chapter 11 and be owned by its creditors, can be difficult. All of these issues may, in fact, lead to financial challenges for the parent itself. Parent companies thus are well advised to consider their potential exposure to a subsidiary’s creditors not only once the subsidiary actually faces financial distress, but well in advance as a matter of prudent corporate planning. If a subsidiary ultimately is forced to file for chapter 11, however, the bankruptcy laws do provide unique procedures to resolve any existing or potential litigation between the parent and the subsidiary’s creditors and to permit the parent to obtain a clean break from the subsidiary’s financial problems.
    [Show full text]
  • Capstone Headwaters Education Technology M&A Coverage Report
    Capstone Headwaters EDUCATION TECHNOLOGY 2019 YEAR IN REVIEW TABLE OF CONTENTS MERGER & ACQUISTION OVERVIEW M&A Overview The Education Technology (EdTech) industry has continued to experience rapid consolidation with 195 transactions announced or completed in 2019. Active Buyers Heightened merger and acquisition (M&A) activity has been fueled by Notable Transactions persistent demand for disruptive and scalable technology as industry operators Select Transactions seek to expand product offerings and market share. In addition to robust transaction activity, recent investment patterns have targeted EdTech providers Public Company Data that offer innovative products for classroom teacher support and to streamline Firm Transactions in Market administrative operations in K-12 schools. Funding in the segment has risen Firm Track Record substantially with teacher needs and school operations garnering $95 million and $148 million in 2018, respectively, according to EdSurge.1 Large industry operators have remained acquisitive through year-end, evidenced by Renaissance Learning’s three acquisitions (page three) in 2019. CONTRIBUTORS EdTech providers have also utilized M&A as a means to diversify product offerings and end-markets outside of their core competencies. Notably, Health Jacob Voorhees & Safety Institute, a leader in environmental health and safety software and Managing Director, training services, acquired Martech Media, Inc, a provider of industrial Head of Education Practice, technology e-learning training solutions (December 2019, undisclosed). Head of Global M&A 617-619-3323 Private equity firms have remained active in the industry, accounting for 52% of [email protected] transaction volume. Operators that provide disruptive platforms and institutional business models, selling directly to schools districts, have garnered David Michaels significant investment interest and premium valuations.
    [Show full text]
  • Hydra Industries Acquisition Corp. Enters Into Agreement to Acquire Inspired Gaming Group
    HYDRA INDUSTRIES ACQUISITION CORP. ENTERS INTO AGREEMENT TO ACQUIRE INSPIRED GAMING GROUP - New York, New York and London, United Kingdom, July 14, 2016 / PRNewswire/ -- Hydra Industries Acquisition Corp. (“Hydra”) (NASDAQ: HDRA, HDRAU, HDRAW, HDRAR), a special purpose acquisition company formed for the purpose of effecting a merger, acquisition or similar business combination, announced today that it has entered into a definitive agreement to acquire London based Inspired Gaming Group and its affiliates (“Inspired” or the “Company”) from funds managed by Vitruvian Partners LLP (a London headquartered private equity firm), and its co-investors (collectively, the “Seller Group”). The transaction reflects a valuation for Inspired of £200 million, including the Company’s indebtedness, but excluding transaction expenses as well as the impact of Hydra’s sponsor shares and subject to certain closing adjustments. Based on the current USD/GBP exchange rate1 the equivalent transaction value is $264 million. Inspired’s fiscal year end September 2016 Revenue and EBITDA are estimated to be $110 million and $38 million, respectively2, with the potential to grow meaningfully, driven by a backlog of recurring revenue contracts. Consideration paid to the Seller Group for their interests in the Company will consist of cash available at closing after transaction expenses, and Hydra common shares issued at a price of $10.00 per share. The Seller Group may receive additional common shares as further consideration, depending on future performance. The cash component of the transaction will be funded by a $20 million private placement from Macquarie Capital in addition to Hydra’s cash in trust, which is currently approximately $80 million.
    [Show full text]
  • Partners Group Private Equity (Master Fund)
    SECURITIES AND EXCHANGE COMMISSION FORM N-Q Quarterly schedule of portfolio holdings of registered management investment company filed on Form N-Q Filing Date: 2017-02-28 | Period of Report: 2016-12-31 SEC Accession No. 0001398344-17-002471 (HTML Version on secdatabase.com) FILER Partners Group Private Equity (Master Fund), LLC Mailing Address Business Address 1114 AVENUE OF THE 1114 AVENUE OF THE CIK:1447247| IRS No.: 800270189 | State of Incorp.:DE | Fiscal Year End: 0331 AMERICAS AMERICAS Type: N-Q | Act: 40 | File No.: 811-22241 | Film No.: 17644875 37TH FLOOR 37TH FLOOR NEW YORK NY 10036 NEW YORK NY 10036 212-908-2600 Copyright © 2017 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM N-Q QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED MANAGEMENT INVESTMENT COMPANY Investment Company Act file number 811-22241 Partners Group Private Equity (Master Fund), LLC (Exact name of registrant as specified in charter) 1114 Avenue of the Americas, 37th Floor New York, NY 10036 (Address of principal executive offices) (Zip code) Robert M. Collins 1114 Avenue of the Americas, 37th Floor New York, NY 10036 (Name and address of agent for service) Registrant's telephone number, including area code: (212) 908-2600 Date of fiscal year end: March 31 Date of reporting period: December 31, 2016 Form N-Q is to be used by management investment companies, other than small business investment companies registered on Form N-5 (ss.ss. 239.24 and 274.5 of this chapter), to file reports with the Commission, not later than 60 days after the close of the first and third fiscal quarters, pursuant to rule 30b1-5 under the Investment Company Act of 1940 (17 CFR 270.30b1-5).
    [Show full text]
  • Private Equity Confidence Survey Central Europe Winter 2018 This Publication Contains General Information Only
    Caution returns Private Equity Confidence Survey Central Europe Winter 2018 This publication contains general information only. The publication has been prepared on the basis of information and forecasts in the public domain. None of the information on which the publication is based has been independently verified by Deloitte and none of Deloitte Touche Tohmatsu Limited, any of its member firms or any of the foregoing’s affiliates (collectively the “Deloitte Network”) take any responsibility for the content thereof. No entity in the Deloitte Network nor any of their affiliates nor their respective members, directors, employees and agents accept any liability with respect to the accuracy or completeness, or in relation to the use by any recipient, of the information, projections or opinions contained in the publication and no entity in Deloitte Network shall be responsible for any loss whatsoever sustained by any person who relies thereon. Caution returns | Private Equity Confidence Survey Central Europe Introduction The Central European (CE) private equity (PE) market Croatia and Lithuania are all expected to grow at second fund on €21m, putting it well on its way to its may be reverting to its usual pace of activity following under 3.0%. €55m target after launching in January. A new fund a prolonged period of large exits and fundraisings as has been launched for the Baltics, with Lithuanian well as strong levels of deal-doing. While we remain Exit activity continues apace, with the headline-hitting asset manager Invalda INVL seeking €200m for its confident conditions remain conducive to transacting, homeruns of 2017 giving way to a steadier flow of INVL Baltic Sea Growth Fund to back Baltic businesses respondents are hinting at some caution as we enter mid-market exits dominated by local players.
    [Show full text]
  • BC Partners London Paris Milan Hamburg Geneva New York AGENDA
    GREECE: The Ne w Reform Agenda Investment & Business Opportunities in Greece A Global Investor’s Perspective Nikos Stathopoulos 30th October, 2008 New York City BC Partners London Paris Milan Hamburg Geneva New York AGENDA Greece as an investment destination Case Studies Conclusions BC Partners London Paris Milan Hamburg Geneva New York Private Equity is a Major Player in European M&A European LBO Activity as a % of all European M&A value 2007 BC Partners London Paris Milan Hamburg Geneva New York BC Partners: a Leading Global Private Equity Fund – 1 BC Funds Investments by Sector Investment in 67 companies since foundation in 1986 ̶ Total transaction value of US$100bn Automotive Health 6% Retail ̶ Invested in 13 countries in Europe, US and Asia 8% 23% ̶ Current portfolio companies representing an aggregate turnover Media/Telecom of US$30bn and employing 81,000 employees 11% Service Consumer 14% goods Over US$17bn ra ise d in e ig ht f un ds 19% ̶ Fund VIII with US$9.3bn of equity Industry 19% ̶ Up to US$2.4bn equity for single transaction available plus International Presence additional equity from BC funds co-investors ̶ Average transaction value of investments of US$3.1bn since 2000 New York/ (from US$141m to US$29.9bn) London London Presence in Europe and the US Hamburg ̶ Offices in London, Paris, Milan, Geneva, Hamburg, and New York Paris ̶ 50 investment professionals with broad individual experience Geneva Milan BC Partners London Paris Milan Hamburg Geneva New York BC Partners: a Leading Global Private Equity Fund – 2 Selected
    [Show full text]
  • The Acceleration Point: Why Now Is the Time for European Venture Capital Invest Europe the Acceleration Point: Why Now Is the Time for European Venture Capital
    EUROPEAN VENTURE CAPITAL The Acceleration Point: Why Now is the Time for European Venture Capital Invest Europe The Acceleration Point: Why Now is the Time for European Venture Capital C Invest Europe The Acceleration Point: Why Now is the Time for European Venture Capital Contents What’s in this report 01 Foreword Section One: Section Two: Why Now is the Time Why Europe? Europe’s Innovation for European Venture Capital Why Now? Pages 04-15 Economy Pages 16-22 By Nenad Marovac Invest Europe Vice-Chair 1 2 Page 02 Page 04 Page 17 A strong economy committed European tech cities to growth Page 18 Page 05 Benelux European VC is experienced Page 19 Page 07 France, Spain & Switzerland Proven ability to create global leaders To find out more about Invest Europe please visit: Page 20 Page 09 Germany Increased exit options www.investeurope.eu Page 21 Page 11 UK & Ireland Outsized returns in a low-yield environment Page 22 Scandinavia Page 13 Robust fundraising Page 15 Page 23 Europe’s hottest sectors In conclusion For PDF download to your computer: Page 24 Please visit our website at www.investeurope.eu if you would like to download this report as References and data methodology a standalone PDF. Invest Europe The Acceleration Point: Why Now is the Time for European Venture Capital Foreword Foreword by Nenad Marovac 02 Why now is the time for European venture capital The European venture capital (VC) industry has reached an acceleration point. Europe’s prospering economies, the unprecedented rise of the European tech industry and the region’s experienced fund managers make it the right time to invest in European venture capital.
    [Show full text]