PitchBook Private Equity Presentation Deck 3Q 2011

PitchBook’s 2011 3QPE Presentation Deck

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: Summer : Summer 20112011

About the PitchBook Platform PitchBook is an independent and impartial research firm dedicated to providing premium data, news and analysis to the private equity industry. As a specialty-focused information resource, PitchBook's core strength is its ability to meticulously collect, organize and analyze hard to find private equity and venture capital deal and fund data. 

PitchBook’s mission is to provide its clients with the highest quality private equity information, with an acute focus on deals and companies. PitchBook aims not only to offer market-leading proprietary data, but to also provide the tools that help industry professionals effectively find, share and use information to make better decisions.

Three Aspects of Private EquityFundraising, Investment & Exits Trends

1H 2011 Best Start to Year Since 2008Number of Deals Closed (red line) and Total Capital Invested by

Year (blue bars)

Capital Invested Continues Upward Trend

Number of Deals Closed and Total Capital Invested by Quarter

Mid Atlantic’s Share of Deal Flow Grows in 2Q2011 Percentage of Deal Volume (count) by Region

IT Industry Accounts for Third Largest Share of Deal Flow

Percentage of Deal Volume (count) by Industry

B2C Increases to 24% of Deals from 2010 Low

Percentage of Deal Volume (count) by Industry

Information Technology Jumps to 24% of Capital Invested in 2011, Highest in Decade

Percentage of Deal Volume (capital) by Industry

Deals Under $500M Account for 87% of Deal Flow

Percentage of Deal Volume (count) by Deal Size Range

Deals Above $1B Increased to 49% of Capital Invested

Percentage of Deal Volume (capital) by Deal Size Range

Add-ons % Climbs for the 6th Straight Year

Add-on Deals as Percentage of Buyout Deals

The Portion of Deal Flow Represented by Companies Receiving their First Outside

Funding

Median Buyout Size in 1H2011 3x higher than 2009

Median Capital Invested in U.S. Buyout Transactions

LBOs $250M-$1B Using the Most Debt

Percentage of Debt Used in Buyouts

Links for PitchBook Deal Flow ChartsPitchBook users can click the links below to load the corresponding chart directly into 

the PitchBook Platform for further customization

Slide 5 – PE deal flow by yearClick to customize chart in PitchBook

Slide 6 – PE deal flow by quarterClick to customize chart in PitchBook

Slide 7 – PE deal flow (count) by regionClick to customize chart in PitchBook

Slide 8 – PE deal flow (count) by industryClick to customize chart in PitchBook

Slide 9 – PE deal flow (count) by industry by yearClick to customize chart in PitchBook

Slide 10 – PE deal flow (capital) by industry by yearClick to customize chart in PitchBook

Slide 11 – PE deal flow (count) by size bucketClick to customize chart in PitchBook

Slide 12 – PE deal flow (capital) by size bucketClick to customize chart in PitchBook

How to view in PitchBook:1) Right click on the link 2) click ‘open hyperlink’3) Log-in to PitchBook

Robust Exit Activity ContinuesQuarterly PE Exits by Corporate Acquisition, IPO and

Secondary Sale

Exit Strategies Stay Consistent with Long Term Averages

Percentage of P.E. Exit Volume (count) by Exit Type

Median Secondary Transaction Value Stays Elevated

Median Exit Size ($M)

Portfolio Company Inventory Keeps Building with 4,500 PE Investments Now 3-Years or Older Number of U.S. Private Equity Company Inventory by

Deal Year

Percentage of capital invested by industry

Links for PitchBook Exit Flow ChartsPitchBook users can use the links below to load the corresponding chart directly into 

the PitchBook Platform for further customization

Slide 18 – PE Exits (count) Click to customize chart in PitchBook

Slide 19 – PE Exits % (count)Click to customize chart in PitchBook

Slide 20 – PE Median Exit SizeClick to customize chart in PitchBook

How to view in PitchBook:1) Right click on the link 2) click ‘open hyperlink’3) Log-in to PitchBook

PE Fundraising on Track to Top 2010Number of Funds Closed and Total Capital Raised by

Year

Capital Raised in 2Q2011 Increased by 16% from 2Q2010

Number of Funds Closed and Total Capital Raised by Quarter

Middle-Market Raising Majority of FundsPercentage of U.S. P.E. Funds (count) by Fund Size

Funds Between $500M and $1B Account for 27% of Capital Raised

Percentage of U.S. P.E. Funds (capital) by Fund Size

Buyout Funds Dominating 2011 FundraisingPercentage of U.S. Funds Closed (capital) by Fund Type

PE Investors Sitting on $466B of Dry Powder Capital Overhang of US PE Investors by

Vintage Year

28

Funds Currently in the MarketNumber of U.S. Open Funds and Aggregate Total Target

638 Funds Currently in the 

Market

638 Funds Currently in the 

Market

194 First Time Funds

194 First Time Funds

Links for PitchBook Fundraising ChartsPitchBook users can click the links below to load the corresponding chart directly into 

the PitchBook Platform for further customization

Slide 23 – PE fundraising by yearClick to customize chart in PitchBook

Slide 24 – PE fundraising by quarterClick to customize chart in PitchBook

Slide 25 – PE fundraising (count) by size bucketClick to customize chart in PitchBook

Slide 26 – PE fundraising (capital) by size bucketClick to customize chart in PitchBook

How to view in PitchBook:1) Right click on the link 2) click ‘open hyperlink’3) Log-in to PitchBook

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Or for additional slides and analysis

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