Preqin Quarterly Update: Private Equity, Q2 2016
Following reduced activity in Q1 2016, the second quarter of 2016 demonstrated signs of recovery, with $101bn in aggregate capital secured by only 180 funds reaching a final close. In addition, dry powder levels have continued to rise, standing at $818bn as of June 2016. Deal activity has recovered from the dip in Q1, allowing fund managers to put some of their new capital to work. Aggregate buyout deal value reached $89bn, while venture capital deal value hit $40bn – the second highest quarterly aggregate deal value on record. Over the next 12 months, 16% plan to make substantial investments of more than $300mn.