Private Equity in the United States

The United States is the world’s largest Private Equity market: it concentrates most of the capital raised, the largest managers and a large share of transactions. The analyses under this theme follow that market from every angle: valuations, the contest between VC and buyouts, continuation funds, the opening to 401(k) retirement plans, political criticism and historic figures. They often serve as a benchmark for Europe, which adopts practices born across the Atlantic a few years later.

Key metrics:

• amounts raised and invested;
• valuation multiples;
• exit volumes;
• regulatory developments, in Washington and in the states.

Start with: No. 35.1 — Private Equity, US vs Europe (1/2): Why America Dominates · No. 31 — Private Equity and Retirement · No. 30 — VC vs. Buyout: The American Match in Five Rounds · No. 8 — US Private Equity Under Fire