Post by Nicola Ebmeyer
Co-Founder & Co-CEO at Gain
𝗪𝗵𝗼 𝗮𝗿𝗲 𝘁𝗵𝗲 𝗺𝗼𝘀𝘁 𝗽𝗼𝘄𝗲𝗿𝗳𝘂𝗹 𝗶𝗻𝘃𝗲𝘀𝘁𝗼𝗿𝘀 𝗶𝗻 𝗘𝘂𝗿𝗼𝗽𝗲? 🏆 Today we released our 𝗘𝘂𝗿𝗼𝗽𝗲 𝟮𝟱𝟬 𝗿𝗲𝗽𝗼𝗿𝘁, analyzing 20,500 investor portfolios to rank the 250 largest private equity investors in Europe. Congratulations to the leaders: 🥇 KKR (managing a total enterprise value of €𝟭𝟬𝟰𝗯𝗻 across Europe) 🥈 EQT Group (€𝟵𝟬𝗯𝗻) 🥉 CVC (€𝟴𝟯𝗯𝗻) Other investors in the 𝘁𝗼𝗽 𝟭𝟬 include Blackstone (€81bn), Ardian (€60bn), Partners Group (€55bn), Hg (€54bn), The Carlyle Group (€50bn), GIC (€48bn) and Brookfield (€46bn). Collectively, the top 250 private equity firms manage €𝟮.𝟱𝘁𝗻 𝗶𝗻 𝗲𝗻𝘁𝗲𝗿𝗽𝗿𝗶𝘀𝗲 𝘃𝗮𝗹𝘂𝗲 across 5,803 assets in Europe. 𝗛𝗲𝗿𝗲 𝗮𝗿𝗲 𝗮 𝗳𝗲𝘄 𝗶𝗻𝘀𝗶𝗴𝗵𝘁𝘀 𝘁𝗵𝗮𝘁 𝘀𝘁𝗼𝗼𝗱 𝗼𝘂𝘁 1️⃣ Investors established in the 1990s or earlier manage 74% of the total EV 2️⃣ The top 25 investors manage roughly the same EV as the next 225 combined 3️⃣ US- and UK-headquartered investors manage 56% of the aggregate EV 4️⃣ German-headquartered investors are underrepresented in the ranking, with just 2% of total EV 5️⃣ Mega funds (>€20bn EV) manage 50% of all EV 𝗦𝗲𝗰𝘁𝗼𝗿 𝗹𝗲𝗮𝗱𝗲𝗿𝘀 Hg (TMT) KKR (Services) EQT (Science & Health) Carlyle (Energy & Materials) GIV (Financial Services) 3i Group (Consumer) Triton (Industrials) 𝗖𝗼𝗻𝘀𝘂𝗺𝗲𝗿 𝗮𝗻𝗱 𝗧𝗠𝗧 stand out as the sectors with the 𝗵𝗶𝗴𝗵𝗲𝘀𝘁 𝗻𝘂𝗺𝗯𝗲𝗿 𝗼𝗳 𝘀𝗽𝗲𝗰𝗶𝗮𝗹𝗶𝘀𝘁𝘀. 𝗥𝗲𝗴𝗶𝗼𝗻𝗮𝗹 𝗹𝗲𝗮𝗱𝗲𝗿𝘀 KKR (UK & Ireland) Advent (DACH) Ardian (France) 3i Group (Benelux) EQT (Nordics) Blackstone (Italy) Cinven (Iberia) PPF (CEE) 𝗧𝗵𝗲 𝗡𝗼𝗿𝗱𝗶𝗰𝘀, 𝗖𝗘𝗘 𝗮𝗻𝗱 𝗙𝗿𝗮𝗻𝗰𝗲 stand out as the most domestic PE markets in Europe, with 𝘀𝘁𝗿𝗼𝗻𝗴 𝗹𝗼𝗰𝗮𝗹 𝗶𝗻𝘃𝗲𝘀𝘁𝗼𝗿 𝗽𝗿𝗲𝘀𝗲𝗻𝗰𝗲. 𝗦𝗽𝗲𝗰𝗶𝗮𝗹 𝘀𝗵𝗼𝘂𝘁𝗼𝘂𝘁𝘀 𝗕𝘆 𝗱𝗲𝗮𝗹 𝗰𝗼𝘂𝗻𝘁: Hg, Waterland, CVC and Ardian show the highest overall PE activity in Europe. 𝗕𝘆 𝗙𝗧𝗘: CD&R, CVC and KKR rank among the largest employers in Europe. 𝗕𝘆 𝗿𝗲𝘃𝗲𝗻𝘂𝗲 𝗴𝗿𝗼𝘄𝘁𝗵: Hg, TA Associates and CPP have the highest-growth, highest-margin portfolios. 𝗙𝘂𝗹𝗹 𝗿𝗲𝗽𝗼𝗿𝘁 Tons of additional insights and charts in the full report: 💡 List of the Top 250 investors 💡 Sector and regional rankings 💡 Portfolio insights (growth, holding periods, and more) 💡 Detailed methodology 𝘊𝘶𝘳𝘪𝘰𝘶𝘴 𝘵𝘰 𝘴𝘦𝘦 𝘸𝘩𝘰 𝘦𝘭𝘴𝘦 𝘮𝘢𝘥𝘦 𝘵𝘩𝘦 𝘛𝘰𝘱 250? 𝗚𝗲𝘁 𝘁𝗵𝗲 𝗳𝘂𝗹𝗹 𝗿𝗲𝗽𝗼𝗿𝘁 𝗵𝗲𝗿𝗲 ➡️ https://bit.ly/4bBDZm5