THE last great bull market for private equity
houses arrived unannounced at the beginning of the century and lasted until the great financial crisis almost swallowed the banks that had been so willing to extend the credit which fuelled many high-profile acquisitions.
Today, regular Joe and Jane investors want the potential to share in the impressive returns that private equity
has historically provided to endowments, foundations, pension funds and other institutional investors.
investment in Africa can serve as a catalyst for development on the continent in a way that fosters the achievement of targeted and specified developmental goals, the report concludes.
- or PE as it is usually known - is very different.
I am far more interested in raising the question of how the entry of such players into the private equity
arena in a big way may be reshaping the market-place.
Kelly also helps readers understand some trends within the industry, including how private equity
is becoming better known as more large private equity
firms go public; how the nature of private equity
firms is growing more complex as they begin to broaden their scope in terms of the companies they acquire; and private equity
's influence on the general populace.
And private equity
is where most of the opportunities to go plural lie.
So there were still 160 private equity
exits Europe-wide, according to statistics provided courtesy of the European Private Equity
Association, in Q3 2011, the most recent figure available--just to strategic investors.
The private equity
returns investors realize typically embody a number of such "ifs." From 2000 through 2010, the public markets returned 7.7% annually for large cap stocks (the S&P 500) and 6.6% for the broad market (the Russell 3000).
"Being ranked the number one private equity
group in emerging markets worldwide validates our long-term focus on identifying companies that meet our strict investment criteria, unlocking their growth potential and, ultimately, delivering significant value for our investors," said Mounir Husseini, Senior Partner and Head of Coverage at Abraaj Capital.
Written primarily for investment professionals already familiar with private equity
, this work by Cornelius (head of economic and strategic resource at the private equity
investment firm AlpInvest Partners) puts the focus on cross-border investments in globally and regionally integrated private equity
Plan sponsors are increasingly investing in "alternative" assets such as hedge funds and private equity
. This has raised concerns, given that these two types of investments have qualified for exemptions from some federal regulations and could present more risk to retirement assets than traditional investments.