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Research Center Premium is a powerful online resource providing free access to a wide range of data and intelligence taken from Preqin’s online products and services, including:
Preqin Investor Network is a platform available only to limited partners and hedge fund allocators, as well as their external alternative investment consultants.
This database allows all eligible investors to analyze past performance and create custom benchmarks, as well as enabling them to search and view profiles for every fund open to investment or fundraising across the following asset classes: private equity and venture capital, real estate, infrastructure, secondaries, and hedge funds.
Preqin Solutions, formerly Baxon Solutions, helps GPs and LPs automate compilation, analysis and exchange of financial information including a portfolio's operating metrics (financial, KPIs, ESG), investment valuations, as well as investment and aggregate fund performance. The integration of Preqin and other market data sources has enabled benchmarking of performance against public or private markets for internal and investor reporting purposes. Some benefits of the system:
Launched in Q4 2015, Natural Resources Online is Preqin’s first online module focusing solely on the natural resources industry. Natural Resources Online provides detailed information and intelligence on institutional investors, fund managers and fundraising in the industry and much more across the following areas:
Preqin’s Investor Analyst is a powerful analysis tool which enables users to create instant reports comparing a specific investor’s current and planned allocations, preferences and investment plans against a tailor-made peer group. Investor Analyst leverages Preqin’s detailed data and intelligence on institutional investors to quickly generate valuable reports to enhance perspective of the alternative assets investor universe. Some sample uses of Investor Analyst include:
On average, private equity funds are taking longer to reach a first close, according to Preqin's Private Equity Spotlight - May 2013, but the proportion of capital secured by the first close has not increased to compensate for this, with 6% of funds that held a final close in 2013 securing more than 75% of their target by the first close. So far in 2013, of the funds to reach a final close, 108 held an interim close. Thirty-two percent of these funds held a first close within three months, 28% reached a first close in four to six months, 18% reached a first close in seven to nine months, 8% reached a first close in 10 to 12 months, and 14% took more than 12 months to reach a first close. For funds that held a final close in 2012 that reached a first close within three months of launching, 59% went on to meet or exceed their target size. Of those funds that held a first close within four to six months, 58% went on to exceed their target size, while an additional 15% met their target. If a first close has not been reached within six months, funds are more likely to fall short of their final target. Over 70% of funds that took between 10 and 12 months did not meet their final target size, and 64% of funds that took over a year to reach a first close did not meet their target size.The time taken to reach a first close varies considerably by fund type. The majority (64%) of buyout funds and distressed private equity funds (60%) that closed in 2012 held a first close within six months of being launched. For example, Advent International launched its latest fund, Advent Global Private Equity VII, in March 2012 and held a first close in July 2012 after securing €5.8bn towards its €7bn target. Just 33% of mezzanine funds that closed in 2012 held a first close within six months, while 44% spent over a year in market before reaching an initial close. As Preqin Spotlight concludes, by examining funds closed in 2012, it is evident that the time taken for a fund to reach a first close can influence whether a fund goes on to meet or exceed its final target. For example, Ares Corporate Opportunities Fund IV secured $3.2bn towards its $4bn target by the time it held a first close in May 2012 and exceeded its target to close on its hard-cap of $4.7bn in August 2012. Reaching a first close quickly indicates investor demand, and therefore the fund is more likely to meet or exceed the final target, as opposed to funds that take a long time to reach a first close. As of the beginning of Q2 2013, there are 1,922 private equity funds in market seeking to raise an aggregate $793bn. Forty-six percent of those funds have spent 13-24 months in market so far, while a further 28% have spent over two years seeking investor capital.