PE funds from recent vintages outpacing those hit by financial crisis
March 21, 2016
The ramifications of the financial crisis are still apparent in the numbers posted by PE funds, despite how long it has been.
At the four-year mark from inception, vintages from 2008 onward are outpacing the three hit hardest (2005-2007), with 2009 in particular showing considerable strength. This is hardly surprising, given how active PE sellers have been the past two years, even with some of their younger holdings. It should be noted that the same seller's market has enabled the gradual recovery of 2005-2007 vintages.
To read more about how GPs and LPs are working to extract the most value out of those older vintage funds, read our analysis.