How deal activity and fundraising in the European mid-market has been extremely buoyant in 2018, with a raft of deals and opportunities for managers to put capital to work, as well as a good number of exits that have added value to investors' portfolios…
The 'Assessing Europe’s mid‐market deal landscape' special report comprises four separate articles listed below, these can be read individually or as a sequence.
The UK and France have proven strong markets for mid-market private equity managers through September/October, but as we reach the end of the year, and as Brexit uncertainty lingers three months out from the deadline, some believe the UK deal market, in particular, will soften in early 2019.
Through June 2018, the total amount of dry powder within global private equity stood at USD1.09 trillion; a vast sum, up from USD1.03 trillion at the end of 2017 according to Preqin.
Through the first six months of 2017, five private equity megafunds with USD5 billion or more in AUM did a final close, accumulating USD68 billion according to Pitchbook. Looking at the year in full, a report by McKinsey & Co found that of the USD750 billion in private market assets raised, US megafund buyouts accounted for 15 per cent; up from 7 per cent the previous year.
Private equity firms are spending more budget and applying more focus on technology risk, especially cybersecurity risk, in order to maintain the highest operational standards both within their own businesses and those they invest in.