INSTITUTIONAL INVESTOR SENTIMENT SURVEy - PEI Media

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Fundraising by Region 100 institutional investor sentiment survey Aggregate Capital Raised ($bn) 80 60 40 20 0 Asia-Pacific Central & Eastern Europe Global* Latin America Middle East / Africa n 2009 n 2010 n 2011 n 2012YTD Source: Private Equity International North America Sub-Saharan Africa Western Europe *A global fund invests in two or more regions foreword executive summary allocation fees lp – gp relationship future investments and concerns • appendix: global fundraising In 2011, North America-focused funds accounted for 36 percent of the total funds reaching a final close, raising just over $76 billion. This was followed by Global funds (28 percent), Asia Pacific (17 percent) and Western Europe-focused funds (12 percent). So far in 2012, North America-focused funds have continued to dominate the fundraising market, with 42 funds already reaching a final close, raising a total of $17.8 billion. Most funds focused on North America have been buyout and venture capital funds, with a number of growth/expansion capital funds also raising capital this year. Figures to date in 2012 indicate that global funds are on course to raise more capital than they have in the past three years. Year to date figures for global funds total $47 billion from 25 funds, in comparison, the twelve months to December 2011 saw just 60 global funds reach a final close, raising just over $59 billion. The European sovereign-debt crisis in Europe has had a clear impact on Europeanfocused funds raised to date this year. A total of 17 such funds have reached a final close raising almost $5 billion. If the trend continues, fundraising for the year is expected to fall well short of the $26 billion raised in 2011. page 39 www.privateequityconnect.com
Published in July 2012 by <strong>PEI</strong> Second Floor Sycamore House Sycamore Street London EC1Y 0SG United Kingdom Telephone: +44 (0)20 7566 5444 www.peimedia.com © 2012 <strong>PEI</strong> This publication is not included in the CLA License so you must not copy any portion of it without the permission of the publisher. All rights reserved. No parts of this publication may be reproduced, stored in a retrieval system or transmitted in any form or by any means including electronic, mechanical, photocopy, recording or otherwise, without written permission of the publisher. Disclaimer: This publication contains general information only and the contributors are not, by means of this publication, rendering accounting, business, financial, investment, legal, tax, or other professional advice or services, nor should it be used as a basis for any decision or action that may affect your business. Before making any decision or taking any action that may affect your business, you should consult a qualified professional advisor. Neither the contributors, the firms, its affiliates, nor the related entities shall be responsible for any loss sustained by any person who relies on this publication. Although every reasonable effort has been made to ensure the accuracy of this publication, the publisher accepts no responsibility for any errors or omissions within this publication or for any expense or other loss alleged to have arisen in any way in connection with a reader’s use of this publication.
Page 1 and 2: Institutional Investor Sentiment Su
Page 3 and 4: institutional investor sentiment su
Page 5 and 6: LP Respondents Breakdown Where is y
Page 7 and 8: Allocation institutional investor s
Page 9 and 10: Over the long-term, private equity
Page 11 and 12: Co-investments provide LPs with gre
Page 13 and 14: Fee breaks should be negotiated dep
Page 15 and 16: Fees should be calculated in connec
Page 17 and 18: LPs are requesting a “Europeansty
Page 19 and 20: GP fund commitments should be a mea
Page 21 and 22: SWFs prefer to target sectors which
Page 25 and 26: A vast majority of LPs conduct due
Page 27 and 28: There is room for improvement with
Page 29 and 30: Focus on… Endowments Distribution
Page 31 and 32: Strategy Appetite institutional inv
Page 35 and 36: The prevalence of zombie funds has
Page 37 and 38: Private equity is coming under incr
Page 39: Fundraising by Strategy 150 institu

INSTITUTIONAL INVESTOR SENTIMENT SURVEy - PEI Media

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