PitchBook’s Post

The below graph from the Daily Chartbook shows a serious decline in private equity’s performance over the last few years. This is reflected on the ratio of cash generated for investors to what was initially invested, called distribution to paid-in capital or more commonly DPI. Typically a private equity investor expected the DPI to be at least 1. Well, we are way below that.

Invest in the whole market with index funds—no stock-picking needed! By mirroring indices like the S&P 500, index funds offer a simple, low-cost way to track market growth through passive management. Discover smart investing with Pan Finance. #IndexFunds #Investing #PassiveInvesting #FinanceTips #MarketGrowth #PanFinance #Uk #News

The latest survey of our key institutional investor partners reveals a clear trend: the vast majority are either increasing or maintaining their allocations to private credit over the next twelve months. As private credit remains a key asset class, now integral in many portfolios, this report offers insights into investors' views on the growth of private credit, favored strategies, structural market considerations and the macro outlook. Learn how private credit is evolving and what risks lie ahead. https://lnkd.in/eA2ZG_CA #PrivateCredit #Investing #MarketInsights

𝐒𝐭𝐚𝐭𝐞-𝐰𝐢𝐬𝐞 𝐫𝐞𝐠𝐢𝐬𝐭𝐞𝐫𝐞𝐝 𝐢𝐧𝐯𝐞𝐬𝐭𝐨𝐫𝐬 (𝐁𝐒𝐄) 📈👉 The number of participants in the markets have increased manifold during the recent years. This significant growth is led by digitalisation, easy access to investment tools & greater transparency in the markets. If we breakdown the data further, we can notice the trend among the states in giving impetus to this significant change. 💁♂️I hope this wonderful infographic makes the understanding of the growth in the investor base more clearer. Infographics Credit: Finshots #bse #investors #stockmarket #finance #investing

So pleased to be able to share our 2024 Private Credit investor sentiment survey results. While the "golden age" of credit may be winding down, there remains an incredily robust opportunity to invest in an asset class that provides superior risk adjusted returns to investors through cycles with lower volatility and current yield. Drop me a note if you want to discuss our findings!

See below for our Spring 2024 Growth Equity Valuation U.S. Snapshot. Read more here: https://lnkd.in/dzbvDCuB The publication includes an overview of trends in the venture and growth equity market, including fundraising activity, cash flows, valuation considerations, and a closer look at secondary transactions and their implications on fair value reporting. Contributors include Siwen (Rebecca) Hu Ian Coffman Masa Noggle, CFA, CAIA Erik Antonson Mustafa Azhar, CFA Michael Chiu. #privateequity #growthequity #portfoliovaluation #secondarymarket

Equity markets have had a positive start to 2024. Can this be attributed to corporate earnings? Juan de Dios Sanchez-Roselly, CFA and Cristina González Iregui analyse corporate earnings growth in different geographies, and their drivers. Learn more about our #MarketOutlook Q2 2024 by visiting 👉 https://bit.ly/4aouqUM

Behavioral finance challenges the traditional view of rational investors and efficient markets by examining psychological influences and biases. These biases, though often associated with equity markets, also impact the corporate bond market and broader investment spectrum. Remember the collapse of Lehman Bros? Just days before the collapse, the company still had an A credit rating. Is this an example of overconfidence and familiarity bias? Gimme Credit is independent and totally unbiased, so we see companies for what they are based on data, not names, reputations or past successes. https://hubs.la/Q02LGWgP0 #GimmeCredit #BehavioralFinance #InvestmentBias

The past decade has seen private markets flourish, driven by strong fund performance, low interest rates, and a quest for alternative betas. Institutional investors fueled a surge, sending private capital AUM to $14.7 trillion by 2022—an impressive growth rate 2.5 times that of public markets. As we look to the future, can this growth continue? PitchBook went to work to forecast model projects for the next five years, considering higher rates and muted distributions. While the previous decade boasted a 12.8% annual AUM growth, their base-case scenario suggests a tempered 4.9% annual growth, reaching $19.6 trillion by 2028. Favorable conditions could see AUM hit $23.7 trillion, while a downside scenario estimates $16.1 trillion. The next five years will undoubtedly be crucial for private markets. You can read their analysis here: https://lnkd.in/eXp8fcWG. #PrivateMarkets #InvestmentTrends #FinancialForecast #AUMGrowth #PrivateEquity #VentureCapital #RealAssets

Investors, are you looking to diversify your portfolio and unlock new income opportunities? Schafer Cullen Capital Management explores the compelling case for investing in international dividend-paying value equities. 🌍 Diversification Benefits: Spread risk across various economic cycles and policy environments. 💰 Attractive Valuations: Tap into undervalued international markets. 📈 Income Generation: Enjoy steady income through dividends. In today's market, characterized by lofty valuations and concentration in a few mega-cap stocks, international dividend-paying value equities offer a balanced approach to asset allocation. Learn why this strategy could be a game-changer for your portfolio. Read the full article by Rahul Sharma, Executive Director at Schafer Cullen Capital Management➡️https://ow.ly/8cmH50RY8uR This is sponsored content. #Investing #Finance #PortfolioManagement #Dividends #ValueInvesting #MarketStrategy