Coller Capital Global Private Equity Barometer

Coller Capital Global Private Equity Barometer

We are pleased to share our 36th 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:

  • LPs’ private equity vs public equity portfolio performance
  • Achievability of LPs’ private equity target returns
  • LP views on alternative sources of PE fund capital
  • LP commitments to funds investing in GP management companies
  • ESG’s role as a value driver
  • ESG sector exclusions and environmental risks
  • Reputational risks to LPs from activist investors/media campaigns
  • LPs’ exposure to cryptocurrencies and the metaverse
  • LP recruitment
  • LP commitments to VC funds targeting female and ethnic minority founders
  • Investor commitments to private equity funds at first closing
  • Implications of rising interest rates for private credit portfolios
  • Private markets asset allocation and returns

 

Coller Capital Principals Lauren Din and Mike Acri present the key findings of our LP survey which captures worldwide trends in private equity.

Highlights from the Summer 2022 Barometer

Proportion of LPs with net annual returns of 16%+ across their PE portfolios nears record levels

The 42% of LPs who now report net annual returns of over 16% across the lifetime of their private equity portfolios has been exceeded only once since the Barometer was first published in 2004 – in 2007, in the run-up to the Global Financial Crisis, when 45% of LPs reported the same. Fully three quarters of Limited Partners have made portfolio-lifetime returns of 16%+ net from their North American venture investments.

Annual net returns across LPs’ PE portfolios since their inception

Most LPs think ESG delivers positive impacts, as well as filtering out negatives

A majority of investors in all regions of the world believe that ESG adds value both through proactive change to portfolio companies and through the exclusion of high-risk investments and business practices.

LPs’ personal views on ESG’s potential to add value

A third of North American LPs foresee higher default rates in their private credit portfolios

One fifth of European LPs expect significantly higher default rates in their private credit portfolios as a result of rising interest rates. However, one third of LPs based in North America expect higher defaults.

Proportion of LPs who think rising interest rates will result in higher default rates in their private credit portfolios – by LP location

Barometer library

Summer 2022

Winter 2021-22

Summer 2021

Winter 2020-21

Summer 2020

Winter 2019-20

Summer 2019

Winter 2018-19

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 2022

Lauren Din and Mike Acri present the key findings of our LP survey which captures worldwide trends in private equity.

Winter Barometer 2021-22

Coller Capital Principals Katrina Liao and Lisa Sun present the key findings of our LP survey which captures worldwide trends in private equity.

Summer Barometer 2021

Amyn Hassanally and Martins Marnauza present the key findings of our LP survey which looks at key trends and themes that continue to shape the industry

Winter Barometer 2020-21

Louise Boothby and Ed Goldstein present findings from the Winter 2020/21 global Barometer

The Private Equity Secondaries Market

Francois Aguerre, Partner and Head of Origination, and Hani el Khoury, Partner, discuss the results of Coller Capital’s Global Private Equity Barometer, Winter 2020-21

LP/GP communications

Stephen Ziff, Partner and Co-head of Investor Relations and Fundraising, and Katrina Liao, Principal, look at the responses from Coller Capital’s Global Private Equity Barometer, Winter 2020-21

Private equity investment opportunities and risk

Martins Marnauza, Partner at Coller Capital, and Lisa Sun, Principal, discuss the results of Coller Capital’s Global Private Equity Barometer, Winter 2020-21

Coller Capital Global Private Equity Barometer Webinar Summer 2020

Stephen Ziff and Paul Lanna share the findings from the Coller Capital Global Private Equity Barometer Summer 2020

Winter Barometer 2019-20

Louise Boothby, Partner and Dolapo Awoyinka, Principal on the Investment team discuss how investors view private equity’s performance in an economic downturn.

Winter Barometer 2019-20

Gregor von Deuten and Andrew Ward in conversation about commitments and challenges for private debt funds and how investors have shown a strong appetite for these types of funds in the on-going search for yield in a low interest rate environment.

Winter Barometer 2019-20

Adam Black, Head of ESG and Iyobosa Adeghe, Principal Investment team, discuss how Private equity investors are responding to climate change and comment on findings from our latest global Barometer.

Winter Barometer 2019-20

Katrina Liao, Principal investment team, shares findings from our latest Barometer about the Emerging private equity markets

30th Barometer Summer 2019

In this video, Louise Boothby speaks about initiatives underway to improve investors' and managers' internal ESG performance.

30th Barometer Summer 2019

Jon Freeman, Martins Marnauza and Mark Hindriks in a conversation marking the 30th anniversary of Coller's Global Private Equity Barometer as they discuss how the private equity market has evolved over the past 15 years.

Winter Barometer 2018-19

Katrina Liao and Will Yea discuss emerging private equity markets.

Winter Barometer 2018-19

Louise Boothby and Mark Hindriks discuss private equity and venture capital allocations and investment selection.

Winter Barometer 2018-19

How will trade disputes and Brexit impact private equity? Francois Aguerre talks about investors’ views as reported in our latest Barometer and discusses the performance of private equity through the economic cycle.

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.