Highlighting top U.S. PE middle market funds of the most active LPs
April 14, 2015
Our 2015 Annual U.S. Private Equity Middle Market Report covers all aspects of last year's record activity in the sector, and with 78% of all U.S. PE deals coming from the middle market, perhaps a shift in commitments from limited partners is on the horizon. Focusing on LPs with the most commitments to the asset class over the past five years, the video above highlights their most successful individual middle market funds based on IRR. You can also read a transcript below:
Hartford Life and Accident Insurance Company has invested in 23 such funds, with their $265.5 million Carousel Capital Partners IV performing the highest with an IRR of 25.90%.
Massachusetts Mutual Life Insurance has engaged in 28 middle market investments, with their Gridiron Capital Fund II recording an IRR of 18.20%.
RCP Advisors, a Chicago-based fund-of-funds, has made 38 such investments. Their investment in Sterling Group Partners III has yielded a 21.59% IRR (see below).
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