Private Equity Fund Managers Providing Growth Financing – September 2012

by Nicholas Jelfs

  • 12 Sep 2012
  • PE

Preqin’s Fund Manager Profiles database currently tracks 290 private equity firms across the globe that focus exclusively on providing target investment companies with growth financing. These firms, which make unleveraged significant minority investments in established companies to promote development, have raised an aggregate $32.7bn in capital commitments over the last 10 years. There is an estimated aggregate $15.8bn of dry powder available to these 290 firms to invest in growth opportunities.

Geographically, 34% of these 290 fund managers are based across North America, with a further 35% located in Asia. Twenty percent of the fund managers are headquartered in Europe and the remaining 11% are Rest of World-based.

The five largest growth fund managers by total capital raised over the last 10 years are New Horizon Capital, FountainVest Partners, Haitong Kaiyuan Investment, Trustbridge Partners, and Cartesian Capital Group. The majority of these firms are based in China, apart from Cartesian Capital Group, which is headquartered in the US but has offices around the globe including in China.

New Horizon Capital has raised just under $3.2bn in capital over the period, and focuses exclusively on Greater China. FountainVest Partners, Haitong Kaiyuan Investment, and Trustbridge Partners all target opportunities solely within China, and have each raised $1.9bn, $1.6bn, and $1.6bn respectively over the last 10 years. Cartesian Capital Group invests across emerging markets around the globe, and has collected $1.4bn in commitments across the last decade.

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