The big private equity stories of 2021 included Blackstone Inc. weighing options for outsourcing company TaskUs Inc.; the launch of a $7.5 billion climate-focused fund by Brookfield Asset Management Inc.; and EQT AB (publ), Silver Lake Management LLC and Swiss food and beverage giant Nestlé SA anticipated €3.5 billion investment in European veterinary care provider Independent Vetcare Ltd., or IVC Evidensia.
The year's most read articles focused on sector-specific opportunities, fundraising activity and industry analysis in relation to the impact and gradual recovery of the industry from the coronavirus pandemic.
Most read private equity articles
1. Apollo's merger with Athene highlights PE's rush for permanent capital
With their ability to provide permanent capital, opportunity to deliver a steady stream of fees, as well as a tool to drive growth, insurance businesses have been hot targets for the alternative asset giants over the past few years.
2. PE deal volume expected to rise in 2021; more pricing certainty anticipated
Private equity managers are optimistic about deal-making and exit activity in 2021 and are gearing up to spend unallocated capital after a 2020 second quarter jolt and the subsequent onset of recovery.
3. Silver Lake's astonishing $18B in 3 months leads list of PE pandemic defiers
For the last 10 years, it has taken an average 15 to 18 months for a private equity fund to close, according to Preqin data.
4. PE investors see 'opportunity of a generation' in EU healthcare IT
The digitalization of healthcare offers private equity and venture capital investors a multitude of opportunities, but access to data and the appropriate handling of it is a huge challenge for all involved, according to sector specialists.
5. Half a trillion dollars of dry powder held by 25 PE firms
Globally, 25 private equity firms hold $509.81 billion in dry powder, or capital committed by investors that has not been invested or allocated, according to data from S&P Global Market Intelligence and Preqin as of Aug. 18.
6. Private equity firm performance a complex recipe
Private equity firms with the most recognizable brand names tend to raise huge funds and make mega deals, grabbing the headlines. But scale and size do not necessarily equate to top performance among peers, according to Oliver Gottschalg, a professor at HEC School of Management in Paris, who founded the HEC-Dow Jones Private Equity Performance Ranking.
7. Added complexity for PE firms as UK funds fall outside of EU regulation
U.K.-domiciled private equity funds fall outside of the EU regulatory framework that allows general partners to market to investors across the bloc following Brexit, creating complexity for firms that previously relied on these rules.
8. PE firms target packaging companies supporting consumer, pharma in 2020
Global private equity packaging company deals continued apace in the first few months of 2021, with the six transactions recorded as of March 10 on track to become the second-highest quarterly total in the past year, S&P Global Market Intelligence data shows.
9. PE appetite for insurance buyouts continues despite pandemic
Private equity buyout activity in the insurance market continues to build momentum despite the COVID-19 crisis, with Blackstone making a big splash into the space at the start of 2021.
10. More than $19B in PE insurance sector M&A already at record high
Private equity and venture capital firms have been pouring capital into insurance companies despite the uncertainties about claims and losses from the pandemic.