PE mega-funds of $5 billion+ tend to outperform smaller funds, despite their additional capital—something public market investors typically perceive as an impediment to performance. That’s not the whole story though. Join PitchBook Senior Analyst Wylie Fernyough to take a closer look at PE mega-fund performance, including:
- How PE mega-funds are less likely to hit a home run, but also less likely to underperform compared to other fund types
- How mega-funds may be a more efficient method for large LPs to allocate to PE, especially when taking due diligence and monitoring costs into consideration
- And more!
Featuring
Senior Analyst, PitchBook
Wylie Fernyhough leads PitchBook’s coverage of sovereign wealth funds, take-privates and PE mega-funds, as well contributes to broader research initiatives. Fernyhough has been cited by several financial publications including London-based publication City A.M. as well as PE Hub for his work. Prior to joining PitchBook, Fernyhough served as a portfolio manager at Harvest Capital, a boutique wealth management firm based in Washington state. He holds a BA in finance from Seattle University and is a Level III candidate in the CFA Program.