Big not always better for private equity megadeals

Read the latest article by PE correspondent Kaye Wiggins from the Financial Times, on how largest takeovers do not always generate the biggest returns, having analyzed CEPRES data. Looking at deal data since the global financial crisis, the article investigates whether mega deals have better returns, also quoting Brenda Rainey, Senior Director of Bain & Company’s Global Private Equity practice, and CEPRES' own Christopher Godfrey:

“The question now is whether we will see that pattern return if there’s a new downturn.”
Christopher C. Godfrey, President, CEPRES Corp.

Read the full article here!

Over the past four years, private market investors have confronted three significant macro shock events — the COVID-19 pandemic, the war in Ukraine and 40-year inflation highs. As the market faces intersecting headwinds of geopolitical instability, inflation and volatility, CEPRES evaluated how asset owners are managing their holdings.

Private Equity Exits Tumble to Decade-Long Low as Managers Hold Back

Private equity fund managers have sharply pulled back on sales of their portfolio companies this year, with exits from their strategies perhaps the most visible evidence of a weakening market that has seen declining valuations, slower fundraising and other flagging indicators.

Venture Managers Hit Fundraising Record, But Warning Signs Flash

New forecasting based on recent economic shocks predicts venture distributions to slow by 2024, deferring into later years, with the peak drop of 79% coming next year.

Despite Macro Headwinds, CEPRES Expects Private Equity Valuations to Hold Up in 2023

Private Equity Exits Tumble to Decade-Long Low as Managers Hold Back

Venture Managers Hit Fundraising Record, But Warning Signs Flash

New forecasting based on recent economic shocks predicts venture distributions to slow by 2024, deferring into later years, with the peak drop of 79% coming next year.

Big not always better for private equity megadeals

Read next

Despite Macro Headwinds, CEPRES Expects Private Equity Valuations to Hold Up in 2023

Private Equity Exits Tumble to Decade-Long Low as Managers Hold Back

Venture Managers Hit Fundraising Record, But Warning Signs Flash

Despite Macro Headwinds, CEPRES Expects Private Equity Valuations to Hold Up in 2023

Private Equity Exits Tumble to Decade-Long Low as Managers Hold Back

Venture Managers Hit Fundraising Record, But Warning Signs Flash

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