Coller Capital Global Private Equity Barometer

Coller Capital Global Private Equity Barometer

We are pleased to share our 28th Coller Capital Global Private Equity Barometer and its associated  press release.  Coller Capital's Barometer is a unique snapshot of global trends in private equity – a twice-yearly overview of the plans and opinions of Limited Partners worldwide. This edition contains findings on:

  • GP selection and fundraising dynamics
  • LP performance and remuneration
  • The pace of innovation in private equity
  • LP investments in GP management companies
  • GP-led secondary transactions
  • Public-to-private transactions
  • Attractiveness of funds-of-funds
  • Performance of LPs’ private credit investments
  • ESG considerations as investment criteria

David and Hani discuss the impact of performance-related pay and institutions’ internal operations on private equity returns.

Highlights from the Summer 2018 Barometer

A third of LPs are already – or will consider – investing in management companies

One in six LPs has invested in funds that acquire minority interests in GP management companies – and another one in five investors will consider doing so in the future.

Limited Partners investing in funds that acquire minority interests in GP management companies

Strong competition from other investors is spurring LPs to commit at first close

Fear of missing out on their desired size of commitment has recently spurred well over half of LPs to commit to new funds at first closing. Over half of LPs (55%) say this is more true in today's market than it was a few years ago. GP incentives (such as 'early bird discounts') have also encouraged many LPs to commit at first close.

Reasons why LPs have committed to PE fund first closings in the last two years

LPs with performance-related pay achieve higher PE returns

LPs whose remuneration is tied to the performance of their private equity portfolios are almost three times more likely to deliver returns in excess of 16% than other LPs.

LPs' 5-year net PE portfolio performance correlated with incidence of performance-related pay

Barometer library

Summer 2018

Winter 2017-18

Summer 2017

Winter 2016-17

Summer 2016

Winter 2015-16

Summer 2015

Winter 2014-15

Summer 2014

Winter 2013-14

Summer 2013

Winter 2012-13

Summer 2012

Winter 2011-12

Summer 2011

Winter 2010-11

Summer 2010

Winter 2009-10

Summer 2009

Winter 2008-09

Summer 2008

Winter 2007-08

Summer 2007

Winter 2006-07

Summer 2006

Winter 2005-06

Summer 2005

Winter 2004-05

Videos

Summer Barometer 2018

David and Hani discuss the impact of performance-related pay and institutions’ internal operations on private equity returns.

Summer Barometer 2018

Martins Marnauza and Martin Fleischer discuss innovative strategies in private equity

Summer Barometer 2018

Gerald and Yonatan discuss private equity fund selection and investors’ strategies for making fund commitments.

Summer Barometer 2018

Adam Black talks about the importance of ESG in private equity.

Winter Barometer 2017/18

Paige Brotherton and David Platter discuss trends in private equity commitments and returns

Winter Barometer 2017/18

Lisa Sun and Zhan Yang discuss the outlook for private equity in China

Winter Barometer 2017/18

Francois Aguerre and Eric Foran discuss the changing dynamics in private equity and venture capital in Europe

Barometer Summer 2017

Remco Haaxman and Louise Boothby discuss how investors view the global and regional outlook for private equity.

Barometer Summer 2017

Michael Schad and David Jolly discuss the factors investors see as significant risks to private equity returns.

Barometer Summer 2017

Stephen Ziff examines how investors’ private equity returns could be improved by changes to their structure and processes.

Barometer Summer 2017

Francois Aguerre talks about how investors view private equity investment opportunities in credit, platform deals and energy.