The Coller Private Equity Barometer is a twice-yearly worldwide survey among more than 100 institutional investors in private equity. Here are some highlights from the Winter 2009-10 edition:
- Perception of private equity has suffered
50% of European and Asian LPs and 28% of North American LPs view PE less favorably than before the economic downturn - LPs have lowered return expectations
Only 29% of LPs expect annual net returns of more than 16% from PE over the next 3-5 years, compared to 43% a year ago - Exit environment is expected to improve
65% of LPs expect distributions from their portfolios to improve over the next 12 months, compared to just 4% half a year ago - 2010 is seen as a good vintage year
61% of LPs expect 2010 to be a “good” vintage year, another 24% even an ”excellent” one (only 2% describe it as “poor”) - North America is preferred over Europe for VC
52% of LPs see North American venture capital as one of the best areas for investment over the next 2 years, compared to just 10% for European venture capital
Source: Global Private Equity Barometer (Coller Capital, Winter 2009-10)
Advertisement
