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  • Plus, Special Guest Contributors: Vickers Venture Partners

    alternative assets. intelligent data.

    Content includes...

    Fundraising Private equity fundraising

    tops $100bn in Q2.

    Investors in Private Equity Buyout funds remain the

    most targeted strategy

    among investors.

    Buyout Deals Private equity-backed

    buyout deal flow rebounds

    in Q2.

    Venture Capital Deals Value of venture capital

    deals in Q2 was the second

    highest on record.

    Fund Performance Capital distributed by

    private equity funds

    continues to outstrip the

    amount called up.

    The Q2 2016

    Preqin Quarterly Update

    Private Equity Insight on the quarter from the leading provider of alternative assets data

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  • The Preqin Quarterly Update: Private Equity, Q2 2016

    Download the data pack at: www.preqin.com/quarterlyupdate

    3 © 2016 Preqin Ltd. / www.preqin.com

    All rights reserved. The entire contents of Preqin Quarterly Update: Private Equity, Q2 2016 are the Copyright of Preqin Ltd. No part of this publication or any information contained in it may be copied, transmitted by any electronic means, or stored in any electronic or other data storage medium, or printed or published in any document, report or publication, without the express prior written approval of Preqin Ltd. The information presented in Preqin Quarterly Update: Private Equity, Q2 2016 is for information purposes only and does not constitute and should not be construed as a solicitation or other offer, or recommendation to acquire or dispose of any investment or to engage in any other transaction, or as advice of any nature whatsoever. If the reader seeks advice rather than information then he should seek an independent fi nancial advisor and hereby agrees that he will not hold Preqin Ltd. responsible in law or equity for any decisions of whatever nature the reader makes or refrains from making following its use of Preqin Quarterly Update: Private Equity, Q2 2016.

    While reasonable efforts have been made to obtain information from sources that are believed to be accurate, and to confi rm the accuracy of such information wherever possible, Preqin Ltd. does not make any representation or warranty that the information or opinions contained in Preqin Quarterly Update: Private Equity, Q2 2016 are accurate, reliable, up-to-date or complete.

    Although every reasonable effort has been made to ensure the accuracy of this publication Preqin Ltd. does not accept any responsibility for any errors or omissions within Preqin Quarterly Update: Private Equity, Q2 2016 or for any expense or other loss alleged to have arisen in any way with a reader’s use of this publication.

    Foreword - Christopher Elvin, Preqin

    Following reduced activity in Q1 2016, private equity* fundraising recovered in the second quarter, with funds closed securing $101bn – only the fourth quarter since Q1 2008 that fundraising has exceeded $100bn. This was achieved despite only 180 funds reaching a fi nal close, compared with a peak of 334 in Q4 2013 – further evidence of the concentration of investor capital among a smaller group of larger funds. Fundraising remains competitive with a record 1,720 funds in market, although the amount of capital ($447bn) these funds are seeking, is down from $476bn at the start of last quarter.

    Due to private equity funds’ ongoing success in fundraising, industry dry powder continues to grow, reaching a record $818bn in June 2016. Despite the large amounts of capital available to invest and concerns over pricing, deal activity has recovered from the dip experienced in the fi rst quarter of the year, which has allowed fund managers to put some of their new capital to work. The aggregate value of buyout deals was higher in Q2 at $89bn, compared with $50bn in Q1; venture capital deal value reached $40bn, the second highest quarterly aggregate deal value on record.

    Institutional investors will continue to invest in the asset class over the next year, although 47% of those planning new investments in the next 12 months intend to invest less than $50mn. Nevertheless, there remains a signifi cant proportion (16%) that plan to make substantial investments of more than $300mn, which should be encouraging for fund managers looking to raise capital in the near future.

    The Secret to Consistent Top Quartile Performance – Vickers Venture Partners 4

    Fundraising in Q2 2016 6

    Funds in Market 8

    Institutional Investors in Private Equity 9

    Buyout Deals and Exits 11

    Venture Capital Deals 13

    Fund Performance and Dry Powder 15

    Conferences 16

    Contents

    Data Source:

    Private Equity Online is Preqin’s fl agship online private equity information resource and encompasses all of Preqin’s private equity databases. With unrivalled dat