DOCSLIB.ORG

Women I N Private Equity

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Women I N Private Equity 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 178 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 178 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 178 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
  • Leadership Newsletter Winter 2020 / 2021
    T���������, M���� ��� T����������������� Leadership Newsletter Winter 2020 / 2021 GTCR Firm Update Since the firm’s inception in 1980, GTCR has Technology, Media and Tele- partnered with management teams in more communications than 200 investments to build and transform growth businesses. Over the last twenty years alone, GTCR has invested over $16 billion in approximately 100 platform acquisitions, 30+ 95+ PLATFORMS ADD-ONS including more than 65 companies that have been sold for aggregate enterprise value of over $ $50 billion and another 14 companies that have 25B+ been taken public with aggregate enterprise value PURCHASE of more than $34 billion. In November 2020, PRICE we closed GTCR Fund XIII, the firm’s largest fund to date, with $7.5 billion of limited partner capital commitments. This fund follows GTCR Fund Acquisition Activity Since 2000 XII, which we raised in 2017, with $5.25 billion As of January 15, 2021* of limited partner capital commitments. GTCR currently has 25 active portfolio companies; ten of these companies are within the Technology, Media and Telecommunications (“TMT”) industry. Page 1 / Continues on next page Technology, Media and Telecommunications Group Update Since 2000, GTCR has completed over 30 new platform investments and over 95 add-on acquisitions within the TMT industry, for a total of over 125 transactions with a combined purchase price of over $25 billion. During just the past year, we have realized several of these investments, selling three businesses and completing the partial sale of two additional companies, for a combined enterprise value of over $9 billion. Our TMT franchise includes ten active portfolio companies and one management start-up, which together have completed nearly 30 add-on acquisitions under our ownership, representing approximately $3 billion of GTCR invested capital.
    [Show full text]
  • Not Mitt Romney's Bain Capital: Boston Investment Firm Home To
    Not Mitt Romney’s Bain Capital: Boston investment firm home to diverse political views - Business - The Boston Globe Interested in documentaries? Click here to view our latest free screening. TEXT SIZE MANAGE ACCOUNT LOG OUT NEWS BusinessMETRO MARKETS TECHNOLOGY ARTS BUSINESS BETABOSTON SPORTS OPINION Red Sox Live 3 8 POLITICS LIFESTYLE Final MAGAZINE INSIDERS AtTODAY'S Bain, PAPER a broad range of viewpoints is the new reality E-MAIL FACEBOOK TWITTER GOOGLE+ LINKEDIN 57 http://www.bostonglobe.com/...romney-bain-capital-boston-investment-firm-home-diverse-political-views/gAGQyqkSROIoVubvsCXJxM/story.html[5/23/2015 10:37:45 PM] Not Mitt Romney’s Bain Capital: Boston investment firm home to diverse political views - Business - The Boston Globe SUZANNE KREITER/GLOBE STAFF Former Governor Deval Patrick, a Democrat, is joining Bain Capital — an investment firm founded by his predecessor on Beacon Hill, Republican Mitt Romney. By Beth Healy and Matt Rocheleau GLOBE STAFF APRIL 16, 2015 There are two chestnuts that drive Bain Capital partners crazy: First, the notion that they are ruthless capitalists who enjoy firing people. Second, that they are all card-carrying Republicans. Fifteen long years since Mitt Romney left the Boston investment firm he founded, those old impressions still rankle. Enter Deval Patrick, former Massachusetts governor and a Democrat closely aligned with President Obama, named this week a Bain managing director who will focus on “social impact” investing. The newest Bain employee — and the public spirit implied by his new job — would seem to contradict the firm’s old image. But current and former partners, and close observers of the firm say Bain Capital is more of a big tent than many might think.
    [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]
  • 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]
  • 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 05.23.12
    This document is being provided for the exclusive use of SABRINA WILLMER at BLOOMBERG/ NEWSROOM: NEW YORK 05.23.12 Private Equity www.bloombergbriefs.com BRIEF NEWS, ANALYSIS AND COMMENTARY CVC Joins Firms Seeking Boom-Era Size Funds QUOTE OF THE WEEK BY SABRINA WILLMER CVC Capital Partners Ltd. hopes its next European buyout fund will nearly match its predecessor, a 10.75 billion euro ($13.6 billion) fund that closed in 2009, according to two “I think it would be helpful people familiar with the situation. That will make it one of the largest private equity funds if Putin stopped wandering currently seeking capital. One person said that CVC European Equity Partners VI LP will likely aim to raise 10 around bare-chested.” billion euros. The firm hasn’t yet sent out marketing materials. Two people said they expect it to do so — Janusz Heath, managing director of in the second half. Mary Zimmerman, an outside spokeswoman for CVC Capital, declined Capital Dynamics, speaking at the EMPEA to comment. conference on how Russia might help its reputation and attract more private equity The London-based firm would join only a few other firms that have closed or are try- investment. See page 4 ing to raise new funds of similar size to the mega funds raised during the buyout boom. Leonard Green & Partners’s sixth fund is expected to close shortly on more than $6 billion, more than the $5.3 billion its last fund closed on in 2007. Advent International MEETING TO WATCH Corp. is targeting 7 billion euros for its seventh fund, larger than its last fund, and War- burg Pincus LLC has a $12 billion target on Warburg Pincus Private Equity XI LP, the NEW JERSEY STATE INVESTMENT same goal as its predecessor.
    [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]
  • Stepstone Atlantic Fund, L.P
    StepStone Atlantic Fund, L.P. Private Equity and Infrastructure Quarterly Monitoring Report For the period ending December 31, 2020 Report Prepared For: Important Information This document is meant only to provide a broad overview for discussion purposes. All information provided here is subject to change. This document is for informational purposes only and does not constitute an offer to sell, a solicitation to buy, or a recommendation for any security, or as an offer to provide advisory or other services by StepStone Group LP, StepStone Group Real Assets LP, StepStone Group Real Estate LP, StepStone Conversus LLC, Swiss Capital Alternative Investments AG and StepStone Group Europe Alternative Investments Limited or their subsidiaries or affiliates (collectively, “StepStone”) in any jurisdiction in which such offer, solicitation, purchase or sale would be unlawful under the securities laws of such jurisdiction. The information contained in this document should not be construed as financial or investment advice on any subject matter. StepStone expressly disclaims all liability in respect to actions taken based on any or all of the information in this document. This document is confidential and solely for the use of StepStone and the existing and potential clients of StepStone to whom it has been delivered, where permitted. By accepting delivery of this presentation, each recipient undertakes not to reproduce or distribute this presentation in whole or in part, nor to disclose any of its contents (except to its professional advisors), without the prior written consent of StepStone. While some information used in the presentation has been obtained from various published and unpublished sources considered to be reliable, StepStone does not guarantee its accuracy or completeness and accepts no liability for any direct or consequential losses arising from its use.
    [Show full text]