Private Equity Assets Rise 15% In ‘08

Feb 23 2009 | 12:54pm ET

While hedge funds continue to hemorrhage assets under management, the private equity industry continues to grow.

Private equity assets under management rose 15% last year despite the same economic turmoil that have driven hedge fund assets down by more than half to less than $1 trillion, by some measures. P.E. funds managed $2.5 trillion at the end of 2008, according to Preqin, a figure that includes $495 billion in real estate funds.

The growth, a significant slowdown from 2007’s 32% increase, is the result of fewer distributions to investors and stronger than expected fundraising in the first half of last year. Unrealized portfolio investments soared 26% to $1.48 trillion, more than half of the industry’s total assets, while uninvested capital rose 3% to $1.02 trillion.

What’s more, Preqin says p.e. assets, which have more than doubled in the last five years, could double again over the next few.


In Depth

Hedge Funds Take Interest In ‘Soft Deposits’

Nov 19 2014 | 11:56am ET

New York-based Winchester Equities, headed by Avi Benamu and Jack Hazan, funds soft...

Lifestyle

Cohen Buys $101 Million Sculpture

Nov 12 2014 | 9:17am ET

Steven Cohen was the sole bidder for a rare Alberto Giacometti sculpture at Sotheby...

Guest Contributor

Why The Big Money Is Going To Europe

Nov 14 2014 | 6:03am ET

Peer-to-peer lending was invented with the individual investor in mind. But despite...

 

Sponsored Content

    For Hedge Funds, Mastering Data Is Key To Success

    Nov 4 2014 | 9:45am ET

    Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…

Editor's Note

    Guidelines for Guest Articles

    Oct 22 2014 | 9:46am ET

    We are always looking for guest articles from hedge fund managers and buy-side firms.

    If you are interested in submitting a contributed piece for possible publication on FINalternatives, please take a look at the specs. Read more…

 

Futures Magazine

November 2014 Cover

Building a better market

Reg NMS created a huge bifurcation in equity markets and while much of what has followed has been positive, in terms of lower fees and greater liquidity, many traders would like to see the market come...

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.