BizResearch

Private Equity Compensation Report 2008 - Executive Summary

The 2008 Private Equity Jobs Digest Compensation Survey was conducted in Fall 2008 and received private equity compensation data directly from hundreds of private equity and venture capital partners and employees from firms, both large and small. Some of the participating firms include: Credit Suisse, Delta Partners Group, Intel Capital, Kaiser Permanente Ventures, Lehman Brothers, Soft Bank Capital and many others.

With the shift this year in the financial markets, the results indicate that professionals in private equity and VC jobs see further trouble on the financial horizon. Similar to what we saw in the hedge fund industry, this year’s private equity and VC report reveals that 47 percent are happy with their current level of compensation – an 80 percent increase in pay satisfaction from last year! And why not? The average total compensation, industry-wide, was $255,000 USD – up 14 percent from last year’s figure of $224,000.

Read the summary

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Top Private Equity Firms from Private Equity International

The 2009 PEI 300

Private Equity International magazine's proprietary ranking of the largest 300 private equity firms in the world the PEI 300, which ranks private equity firms around the world by size, using Private Equity International's unique methodology.
You may view the top 50 without registering with PEI Media.
A complete report on the PEI 300 is featured in the May 2009 issue of Private Equity International, available only to subscribers or for individual purchase.

The LIbrary at the London Business School subscribes to Private Equity international in print.

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Global private equity investments up 35% in 2007 despite credit crisis

Global private equity investments up 35% in 2007 despite credit crisis.

A record $686bn of private equity was invested globally in 2007, up over a third on the previous year mostly due to strong buyouts activity according to IFSL’s Private Equity 2008 report.

Private equity fund raising also surpassed prior years with $494bn raised, up 10% on 2006. Despite growing turbulence in the financial markets in the latter part of the year, activity was split equally between the first and second half of the year. Early indicators show that activity is down in the first half of 2008 in comparison to the same period in 2007 as it became more difficult for private equity firms to obtain debt financing from banks to complete private equity deals.

The UK private equity market is the most developed outside the US, managing 9% of global investments and 12% of funds raised in 2007. The UK is the most important European country in the management of investments and raising of funds with around one-half of the European total. At 1.7% of GDP, the UK has a higher share of investments and funds raised than any other country apart from the US.

The 2007 global regional breakdown of private equity activity shows that North America accounted for 71% of global private equity investments and 66% of funds raised. It was followed by Europe with 15% of investments and 22% of funds raised. Asia-Pacific and emerging markets have become more important as investment destinations in recent years, particularly of China, Singapore, South Korea and India.

Click here to read Private Equity 2008

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Private Equity - Report on Investment Activity 2007

Report on Investment Activity Summary 2007
Released 26 June 2008

The BVCA today published the 2007 Summary Report on Investment Activity results in conjunction with PricewaterhouseCoopers LLP. The survey shows that investment by BVCA member firms increased by more than one third in 2007, despite the turbulent conditions caused by the credit crunch in the second half of the year.

Total investment by member firms, which includes the vast majority of private equity and venture capital assets managed in the UK, was up from £21.9bn to £31.6bn – a 45% rise. But this partly reflected the increase in BVCA membership from 192 to 214 member firms during the year.  Adjusting for this, the underlying increase was 37%.

Activity was split equally between the first and second half of the year and investments were made in 1680 companies in total, compared with 1630 in 2006 and 1535 in 2005.Investment in UK companies continued to increase last year, rising from £10bn in 2006 to £12bn in 2007.  But the inclusion of new BVCA members, including several large buyout houses, has meant that investment in continental European companies increased at a faster rate – up from £10bn to £14bn last year.

To read the full report go to the BVCA website.

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Putting a public face on private equity

Putting a Public Face on Private Equity

Hartmann, Janet. Online, Mar/Apr2008, Vol. 32 Issue 2, p14-18,

An article in Online Magazine which describes the structure of the private equity industry and discusses the sources of industry data. It provides a useful introduction to the area and the research resources available.

Note the library has a research resource guide to venture capital and private equity. To read it: Portal > Library > Help and Advice > Research Resource Guides

Staff students and faculty at the London Business School can read the full text of the article in Business Source Complete. Portal > Library > A-Z list of databases > Business Source Complete

Simply log in and and type in the search box: putting a public face

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