8 minsAbout the report
Growth equity funds target companies that are between the venture capital and the fully mature stage, the latter of which is normally the focus of buyout funds. Our white paper examines how growth equity funds can deliver value for investors.
Key highlights
- Listed companies on decline The number of listed companies has been declining as fewer companies have been going public, more companies have been taken private, and many listed companies have been acquired.
- Growth equity enters The structural backdrop that has led to the rise of the mega-rounds has created a large investment opportunity in late-stage growth companies.
- First grow, then IPO Adjusted for market wide returns and style, growth capital is the only private financing route that has provided a significant relative outperformance post IPO. This is the tail-end value that growth seeks to continue to capture.
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- 1 Minimum investment may vary by country and local regulation.
- 2 Source: McKinsey "Private Markets Annual Review 2022"
- 3 Past performance is no guarantee of future returns.