This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our cookie notice for more information on the cookies we use and how to delete or block them.

Bookmark Email Print page

LPEQ Deloitte Listed Private Equity Cash Flow Compass Review to March 2012

LPEQ Deloitte Listed Private Equity Cash Flow Compass Q4 2011

Background

Our latest LPEQ Deloitte Cash Flow Compass report shows that over the past two years, listed private equity companies and funds-of-funds have steadily increased investment in privately-held companies and have boosted commitments to private equity funds. Both these trends demonstrate the industry’s willingness to invest steadily amid wider equity market jitters.

Key findings

Our analysis, based on LPEQ members’ quarterly data, shows the following major highlights:

  • Funds-of-funds have posted cash in-flows in eight of the past nine quarters
  • Corporate buyers have returned as major acquirers of private equity assets – with almost half of all exits in the year up to March 2012 going to trade buyers
  • Balance sheets have strengthened over the past two years with a coverage ratio of 3.5 times, compared with 2.1 times in Q1 2010
  • Listed private equity funds exposures have shifted away from the consumer discretionary and information technology sectors, and towards industrials and financials

Download

Download  LPEQ Deloitte Listed Private Equity Cash Flow Compass Review to March 2012 (PDF)

Share this page

Email this Send to LinkedIn Send to Facebook Tweet this More sharing options
Follow:

Get in touch

More on Deloitte