News & Analysis
driven by the PitchBook PlatformThese foreign PE firms are growing their footprint in the Middle East
Permira and Warburg Pincus are latest to plant a flag in the region, as overseas investment takes up a growing share of dealmaking.
Canadian pension fund BCI to acquire infrastructure investor at ~$1.3B valuation
BBGI’s lower risk portfolio could be deemed safe haven in turbulent times
Marshall Group nets debt backing €1.1B HSG buyout
Banks led by HSBC and UBS are preparing a euro term loan financing to support HSG’s acquisition of Marshall Group, according to sources.
New crop of loans backing LBOs pushes pricing boundaries
Spreads on LBO-related broadly syndicated term loans in the year to date have averaged just 305 bps over Sofr, the lowest reading since 2007.
Apollo unveils blockchain feeder fund, opening access to direct loan portfolio
Other alternative asset managers have launched credit funds on the blockchain, including KKR and Hamilton Lane.
Trump’s tariff play may derail PE exit recovery
A significant number of PE investments in impacted sectors are nearing the end of the standard holding period.
Exclusive: Felicis Ventures GP Niki Pezeshki to depart
He joined the firm in 2016, becoming general partner in 2021.
Tulane’s deputy CIO departs endowment for Commonfund’s outsourced CIO unit
Commonfund’s $16 billion outsourced CIO solutions business appointed former Tulane investor Julia Mord as its chief investor.
Inside CDPQ’s workspace for VCs
The $450 billion Canadian pension fund CDPQ opened the investor workspace, called Espace CDPQ, in 2016.
Regulatory pullback may aid banks in competition with direct lenders – Apollo
Private credit lenders have won market share from banks in part because of post-2008 regulatory scrutiny.
The Daily Benchmark
2019 Vintage Global Real Estate Funds
Median IRR
8.65%
Top Quartile IRR
14.95%
0.20x
Median DPI
Select top performers
Longpoint Realty Fund I
10 Federal Self Storage Acquisition Company 2
Lubert-Adler Workforce Housing Fund
Check out the latest PitchBook Benchmarks
Data & Tools
Top 100 colleges ranked by startup founders
PitchBook’s annual list compares undergraduate and graduate programs by tallying up the number of startup founders among their alumni.
Lending league tables: Q2 2024
The PitchBook VC Dealmaking Indicator leverages deal-level data to quantify how startup friendly or investor friendly the capital raising environment is. The Indicator incorporates PitchBook’s deal term, deal attribute, fundraising, and deal flow data to compose an indicator which compares early-stage and late-stage deal activity.
PitchBook VC Dealmaking Indicator
The indicator leverages deal-level data to quantify how startup friendly or investor friendly the capital raising environment is.
Credit
Monthly Wrap: Leveraged loans set another record; M&A percolates
The $212 billion of primary market activity in January was an all-time high.
Deep Dive: Fannie Mae, Freddie Mac preferred stock soars, but quagmire awaits
JPMorgan noted that Fannie and Freddie collectively have a $390 billion capital shortfall.
Fintech platform takes on ABF syndication, with eye on private credit trading
Private credit providers have been looking to expand places to put capital to work, including asset-based lending.
ETFs drive recent growth in leveraged loan fund AUM
Assets under management at loan funds grew by $17.5 billion in 2024, following a $7.8 billion contraction in 2023.
Industry & Tech
US VC female founders dashboard
Our interactive dashboard dives into US investment trends for women in VC since the start of 2008, using data sourced from the PitchBook Platform. Users can filter the data to isolate specific trends.
European VC female founders dashboard
Our interactive dashboard dives into European investment trends for female-founded startups since the start of 2008, using data sourced from the PitchBook Platform.
Unicorn companies tracker
Our global unicorn tracker allows you to see all the billion-dollar companies formed since 2016. Explore trends in unicorn formation by filtering for geography or date.
AI audio startup ElevenLabs triples valuation to $3.3B with $180M Series C
The AI startup, founded in 2021, has raised $281 million to date.