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.