280 likes | 384 Views
T H O M S O N F I N A N C I A L. LAVCA 2006 LP/GP Roundtable Darrell Pinto Director, Global Private Equity Performance Thomson Financial. Washington, DC October 12, 2006. Agenda. Data collection at TF PE Fundraising Venture Capital Deals Buyout Deals Global PE Performance.
E N D
T H O M S O N F I N A N C I A L LAVCA 2006 LP/GPRoundtableDarrell PintoDirector, Global Private Equity PerformanceThomson Financial Washington, DCOctober 12, 2006
Agenda • Data collection at TF • PE Fundraising • Venture Capital Deals • Buyout Deals • Global PE Performance
Private Equity Data Collection at TF • Quarterly Surveys in Partnership with associations and other third parties • Quarterly Financial Statement Analysis of GPs and their Investors • Daily Research through public sources and government filings Private Equity Differentiators for Thomson Financial Global Content Benchmarking Tool Endorsed by Global VCA
Global PE Investments (January – September 30th, 2006) 1573 deals $12 3678 deals $41 237 deals $3 78 deals $0.6 12 deals $1.8 12 deals $0.1 7 deals $0.03 91 deals $0.9 All figures in USD billions
Global PE Fundraising is Near All-time High PE Fundraising Trend 1 2 All figures in USD billions
8% of the Funds Have Raised 59% of the Capital to Date 1 billion+ funds 59% PE Funds raised between January and July 15th, 2006
Latin American-based Funds – Fundraising by Vintage Year All figures in USD billions
Latin America Captures 1% of Global YTD VC Investments YTD Q3 2006 - VC $33.9 billion All figures in USD billions
Latin America Captures 10% of YTD VC Investments in Developing Markets YTD Q3 2006 - VC $4.2 billion
Financial Service Companies Garner Lion’s Share of this Year’s VC Investments in the Region YTD Q3 2006 - VC $417 million
Trends in VC Investment in Latin America # Deals Amount Invested (USD Millions)
Average VC Deal Sizes in Latin America(2003-YTDQ3 2006) All figures in USD millions
Distribution of VC Deals by Round North America (2003-YTD Q3 2006) 14,690 VC deals Latin America (2003-YTD Q3 2006) 171 VC deals
Latin America Captures 6% of Global Buyout Investments YTD Q3 2006 - Buyouts $31.9 billion Only equity portion of deals with disclosed transaction values
Latin America Captures 51% of Buyout Investments in Developing Markets YTD Q3 2006 - Buyouts $3.5 billion Only equity portion of deals with disclosed transaction values
Distribution of Latin American Buyout Deals Almost Entirely in Financial Services YTD Q3 2006 - Buyouts $1.8 billion Only equity portion of deals with disclosed transaction values
Trends in Buyout Investment in Latin America # Deals Amount Invested (USD Millions) Only equity portion of deals with disclosed transaction values
Distribution of Global Average Buyout Deal Sizes by Nation (2003-YTDQ3 2006) All figures in USD millions Only equity portion of deals with disclosed transaction values
Distribution of Latin American-based PE Fund Investments by Nation (2003-YTDQ3 2006)
TF’s PE Benchmarking Samples are Comprehensive (1969-2005) US 1844 funds (1980-2005) Europe 1071 funds Cumulative since inception IRRs to 12/31/2005
Sample – Cumulative Industry Returns Cumulative since inception IRRs to 12/31/2005 for Europe and to 3/31/2006 for the US
Want to Know More? • TF has the most complete private equity global database http://banker.thomsonib.com • Send me an email at darrell.pinto@thomson.com • www.thomsonfinancial.com