Exclusively Buyout-Focused Private Equity Fund Managers Based in North America - November 2012

by Stuart Hunter

  • 01 Nov 2012
  • PE

Currently there are 333 North America-based private equity fund managers that focus exclusively on buyout investment opportunities, according to Preqin’s Fund Manager Profiles database. Collectively, these firms have raised approximately $166.8bn in capital commitments over the last 10 years, and have an estimated $46.7bn in dry powder available for investment. The vast majority of buyout firms are based in the US, with 314 headquartered within the country. Sixteen of the remaining buyout firms are located in Canada, while three are situated in the Cayman Islands.

The top three exclusively buyout-focused fund managers based in North America (in order of the total capital raised over the last decade) are Hellman & Friedman, JC Flowers & Co, and Lindsay Goldberg.

Hellman & Friedman, the largest exclusively buyout-focused firm, is headquartered in California with other offices located in New York and London. The firm was founded in 1984 and seeks to invest in developed markets including the US and Europe. It targets a variety of sectors, including business and financial services, communications, consumer services, information services, media and software industries. The firm has raised $20.7bn in capital commitments over the last decade, and currently has an estimated $6.6bn available in dry powder. The largest fund the firm has raised- Hellman & Friedman VII- closed in November 2009, and raised a total of $8.8bn in capital commitments.

JC Flowers & Co is the second largest exclusively buyout-focused firm based in North America. The firm was established in 2000 and is headquartered in New York. It primarily focuses on investments in financial service companies located within Europe and North America. JC Flowers & Co has raised $14.4bn over the last 10 years and has an estimated $1.9bn available in dry powder.

Lindsay Goldberg is the third largest exclusively buyout-focused firm specifically headquartered in New York. The firm focuses investments in North America, West Europe and Nordic-based companies, and has a track record of actively building businesses through strategic acquisitions, product extensions and geographic expansion. Lindsay Goldberg has raised a total of $9.8bn over the past decade and has an estimated $3bn available in dry powder.

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