pitch book pe trends 3 q2010 presentation deck

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: : PE PE Trends Trends Private Equity Investment Trends – 3Q 2010 Request a demonstration or training: Email: [email protected] Phone: 877-267-5593 For additional analysis or slides: Email: [email protected] Phone: 206-623-1986

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PitchBook Data has just released its 3Q 2010 PE Presentation Deck, a collection of market intelligence compiled using data from the PitchBook Private Equity Platform. The deck covers PE activity through the first half of 2010 and is available now in PowerPoint format for use as a reference tool or as a resource for your next industry presentation. This latest presentation deck includes data covering U.S. private equity deal flow, deal valuations and deal activity by industry, as well as data on PE fundraising, the current PE capital overhang and exit trends.

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Page 1: Pitch Book Pe Trends 3 Q2010 Presentation Deck

: : PE PE TrendsTrends

Private Equity Investment Trends – 3Q 2010

Request a demonstration or training:Email: [email protected] Phone: 877-267-5593

For additional analysis or slides:Email: [email protected]: 206-623-1986

Page 2: Pitch Book Pe Trends 3 Q2010 Presentation Deck

About the PitchBook Platform PitchBook is an independent and impartial research firm dedicated to providing premium data, news and analysis to the private equity industry. As a specialty-focused information resource, PitchBook's core strength is its ability to meticulously collect, organize and analyze hard to find private equity deal data.

PitchBook’s mission is to provide its clients with the highest quality private equity information, with an acute focus on deals and companies. PitchBook aims not only to offer market-leading proprietary data, but to also provide the tools that help industry professionals effectively find, share and use information to make better decisions.

Page 3: Pitch Book Pe Trends 3 Q2010 Presentation Deck

Three Aspects of Private EquityFundraising, Investment & Exits Trends

Page 4: Pitch Book Pe Trends 3 Q2010 Presentation Deck

Private Equity Private Equity FundraisingFundraising

Page 5: Pitch Book Pe Trends 3 Q2010 Presentation Deck

PE Fundraising Count on Pace with 2009

Number of Funds Closed and Total Capital Raised by Year

* Through 1H 2010

Page 6: Pitch Book Pe Trends 3 Q2010 Presentation Deck

PE Fundraising Slowly RisingUS Private Equity Fundraising by Quarter

# of Funds Raised

Up 85% from 3Q09

Page 7: Pitch Book Pe Trends 3 Q2010 Presentation Deck

PE Dry Powder Continues to IncreaseCapital Overhang for US-Focused Funds Raised by US

Investors

Overhang Up by $211B

Page 8: Pitch Book Pe Trends 3 Q2010 Presentation Deck

New Funds Targeting the Middle Market

Percentage of US PE Funds (Count) by Size

Page 9: Pitch Book Pe Trends 3 Q2010 Presentation Deck

Mega Funds Disappear in 2010Percentage of Capital Raised by Size – US Funds

Page 10: Pitch Book Pe Trends 3 Q2010 Presentation Deck

2005 Vintages and Older in the Black Average Fund Multiples by Year – Private Equity

Percentage of capital invested by industry

Page 11: Pitch Book Pe Trends 3 Q2010 Presentation Deck

PE InvestmentPE Investment

Page 12: Pitch Book Pe Trends 3 Q2010 Presentation Deck

1H 2010 Best 6 Months since 2008 for PE Deals

Quarterly US Private Equity Deal Activity and Capital Invested (Billions)

Page 13: Pitch Book Pe Trends 3 Q2010 Presentation Deck

* Through 1H 2010

1H 2010 Capital Invested Near 2009 LevelAnnually US Private Equity Deal Activity and Capital Invested

(Billions)

Page 14: Pitch Book Pe Trends 3 Q2010 Presentation Deck

Middle-Market Dominates Deal Flow Percentage of Deal Volume (count) by Deal Size

Range

Page 15: Pitch Book Pe Trends 3 Q2010 Presentation Deck

Median Valuation Spikes in 2010PE Deal Activity (count) and Median Valuations by Year

Page 16: Pitch Book Pe Trends 3 Q2010 Presentation Deck

B2B & B2C Stalwarts of PE Deal FlowPercentage of Deal Volume by Industry

Page 17: Pitch Book Pe Trends 3 Q2010 Presentation Deck

Allocation of Capital More Erratic Percentage of Capital Invested by Industry

Page 18: Pitch Book Pe Trends 3 Q2010 Presentation Deck

Debt:Equity Back to ~50-50Average Percentage of Equity Used in Deal

35%

Page 19: Pitch Book Pe Trends 3 Q2010 Presentation Deck

PE ExitsPE Exits

Page 20: Pitch Book Pe Trends 3 Q2010 Presentation Deck

Exits Up for 5 Consecutive Qtrs

Quarterly PE Exits by Corporate Acquisition, IPO and Secondary Sale

Percentage of capital invested by industryExits

Up 177% from bottom

Page 21: Pitch Book Pe Trends 3 Q2010 Presentation Deck

Contact PitchBook

We welcome and encourage you to request a FREE TRIAL of the PitchBook Platform.

To schedule a demonstration of the PitchBook Platform, please contact us by phone, email or through our website, www.pitchbook.com.

SalesEmail: [email protected] Phone: 877-267-5593

Or for additional analysis and slides

ResearchEmail: [email protected]: 206-623-1986