1 / 49

EVCA Quarterly Activity Indicator: Q1 2007-Q2 2011

29 August, 2011. text. EVCA Quarterly Activity Indicator: Q1 2007-Q2 2011. Produced for EVCA by PEREP_Analytics TM. Methodology. Data collected via questionnaires and reliable public sources Definition of Europe: for deals, it is defined by the location of the target;

conroy
Download Presentation

EVCA Quarterly Activity Indicator: Q1 2007-Q2 2011

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. 29 August, 2011 text EVCA Quarterly Activity Indicator: Q1 2007-Q2 2011 Produced for EVCA by PEREP_AnalyticsTM

  2. Methodology • Data collected via questionnaires and reliable public sources • Definition of Europe: • for deals, it is defined by the location of the target; • for fundraising it covers funds primarily focused on Europe • Fundraising: only formal closings are included with committed amount • Investments: amounts are measured by equity value; debt is included only IF provided by PE funds (bank leverage excluded) • Divestments: measured at amount at cost divested (not proceeds)

  3. 2010 2009 2011 2007 2008 Trends in European private equity activity flows Index Q1 2007=100 Source: EVCA/PEREP_Analytics

  4. 2010 2009 2011 2007 2008 Evolution of activity flowsIncremental amounts raised during quarter Source: EVCA/PEREP_Analytics

  5. Funds raised – Quarterly evolution Index Q1 2007=100 2011 2010 2009 2007 2008 Source: EVCA/PEREP_Analytics

  6. Funds raised by fund stage focus 2011 2007 2010 2009 2008 Source: EVCA/PEREP_Analytics

  7. Funds raised by fund stage focus in Q2 2011 Source: EVCA/PEREP_Analytics

  8. Fundraising profiles for final fund closings in 2007 Source: EVCA/PEREP_Analytics

  9. Fundraising profiles for final fund closings in 2008 Source: EVCA/PEREP_Analytics

  10. Fundraising profiles for final fund closings in 2009 Source: EVCA/PEREP_Analytics

  11. Fundraising profiles for final fund closings in 2010 Source: EVCA/PEREP_Analytics

  12. Fundraising profiles for final fund closings in 2011 Source: EVCA/PEREP_Analytics

  13. Investments by amount – Quarterly evolution Index Q1 2007=100 2010 2009 2011 2007 2008 Source: EVCA/PEREP_Analytics

  14. 2010 2009 2011 2007 2008 European investments at €9.9bn in Q2 2011 Source: EVCA/PEREP_Analytics

  15. Investments by stage distribution(equity amount invested) 2011 2010 2009 2007 2008 Source: EVCA/PEREP_Analytics

  16. Investments by stage distribution(number of companies invested) 2011 2010 2009 2007 2008 Source: EVCA/PEREP_Analytics

  17. 2010 2009 2011 2007 2008 Buyouts split by size(equity value, bank leverage excluded) Source: EVCA/PEREP_Analytics

  18. 2010 2009 2011 2007 2008 Buyouts split by size(number of companies) Source: EVCA/PEREP_Analytics

  19. Amount invested by sector in 2007All private equity Source: EVCA/PEREP_Analytics

  20. Amount invested by sector in 2008All private equity Source: EVCA/PEREP_Analytics

  21. Amount invested by sector in 2009All private equity Source: EVCA/PEREP_Analytics

  22. Amount invested by sector in 2010All private equity Source: EVCA/PEREP_Analytics

  23. Amount invested by sector in 2011All private equity Source: EVCA/PEREP_Analytics

  24. Amount invested by sector in 2007Venture capital Source: EVCA/PEREP_Analytics

  25. Amount invested by sector in 2008Venture capital Source: EVCA/PEREP_Analytics

  26. Amount invested by sector in 2009Venture capital Source: EVCA/PEREP_Analytics

  27. Amount invested by sector in 2010Venture capital Source: EVCA/PEREP_Analytics

  28. Amount invested by sector in 2011Venture capital Source: EVCA/PEREP_Analytics

  29. Amount invested by sector in 2007Buyout & growth Source: EVCA/PEREP_Analytics

  30. Amount invested by sector in 2008Buyout & growth Source: EVCA/PEREP_Analytics

  31. Amount invested by sector in 2009Buyout & growth Source: EVCA/PEREP_Analytics

  32. Amount invested by sector in 2010Buyout & growth Source: EVCA/PEREP_Analytics

  33. Amount invested by sector in 2011Buyout & growth Source: EVCA/PEREP_Analytics

  34. 2010 2009 2011 2007 2008 Divestment at cost - Evolution Source: EVCA/PEREP_Analytics

  35. 2010 2009 2011 2007 2008 Divestment at cost – Quarterly evolution Index Q1 2007 = 100 Source: EVCA/PEREP_Analytics

  36. European private equity divestments – exit route trends(amount at cost divested) Index Q1 2007 = 100 2010 2009 2007 2011 2008 Source: EVCA/PEREP_Analytics

  37. Venture divestment at cost in 2007% of amount Source: EVCA/PEREP_Analytics

  38. Buyout & growth divestment at cost in 2007% of amount Source: EVCA/PEREP_Analytics

  39. Venture divestment at cost in 2008% of amount Source: EVCA/PEREP_Analytics

  40. Buyout & growth divestment at cost in 2008% of amount Source: EVCA/PEREP_Analytics

  41. Venture divestment at cost in 2009% of amount Source: EVCA/PEREP_Analytics

  42. Buyout & growth divestment at cost in 2009% of amount Source: EVCA/PEREP_Analytics

  43. Venture divestment at cost in 2010% of amount Source: EVCA/PEREP_Analytics

  44. Buyout & growth divestment at cost in 2010% of amount Source: EVCA/PEREP_Analytics

  45. Venture divestment at cost in 2011% of amount Source: EVCA/PEREP_Analytics

  46. Buyout & growth divestment at cost in 2011% of amount Source: EVCA/PEREP_Analytics

  47. European divestments by segment in Q2 2011 Buyout & growth • Venture Q2 2011 Top Exit routes # companies divested # companies divested Trade Sale Secondary Repayment of Principal Loans € 1.5 bn € 186 m 55 62 Write-Off Sale of Quoted Equity 27 € 72 m € 1.3 bn 50 7 € 42 m € 0.3 bn 7 Source: EVCA/PEREP_Analytics

  48. Conclusions • Fundraising picked-up again in the second quarter of 2011, to €10.5bn, compared with €6.9bn raised in the first quarter of the year. The increase was primarily driven by an increase in growth capital fundraising from €0.3bn in Q1 to €3.6bn in Q2. • Investment value rose, from €8.4bn in Q1 2011 to €9.9bn in Q2 2011. Like in Q1 more than 1000 companies received investments in the second quarter. • Buyout investment (including replacement capital and rescue/turnaround) increased by 25% from Q1 2011, to €8bn. Growth capital investment again remained stable at €1.2bn. Venture capital investment decreased by 11% to €0.7bn. • Divestment at cost (excluding write-offs) fell in Q2 2011 to €4bn (€4.5bn in Q1 2011). More than 400 companies were exited. The amount written-off in Q2 2011 fell to €0.1bn (€2.3bn Q1 2011). • A total of 104 companies were exited via trade sale, for a total amount at cost of €1.4bn. Sales to another private equity firm came next with €1.5bn divested at cost from 67 companies.

  49. EVCA European Private Equity and Venture Capital AssociationBastion Tower Place du Champs de Mars 5B – 1050 Brussels – Belgiumwww.evca.euTel: +32 2 715 00 20

More Related