First-time funds outperformed mature strategies after 2008 financial crash

Read the latest article by Elisângela Mendonça from Private Equity News/Dow Jones, on how first-time funds have proven their worth in the aftermath of a crisis, with new data showing they outperformed more mature strategies following the global financial crisis. According to Cepres investment analyst Jinfang Shi, first time funds can potentially repeat the success they had after the global financial crisis following the disruption caused by Covid-19, because the managers continue to behave in similar ways. Read the full article featuring CEPRES data here!

Article

Fund performance

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.

First-time funds outperformed mature strategies after 2008 financial crash

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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