PEGCC Releases Third Quarter Trends Report

Private equity investment volume increased for the second consecutive quarter during Q3 2013, according to the Private Equity Growth Capital Council’s quarterly Trends Report. U.S. private equity investment increased 7 percent to $87 billion during the third quarter, from $82 billion in Q2.

“Private equity investment volume is on a steady incline since the beginning of the year, as firms increase their investment in promising companies poised for growth,” said PEGCC President and CEO Steve Judge. “Private equity continues to be a vital source of investment capital for American businesses and a much-needed shot in the arm for the U.S. economy.”

The third quarter Trends Report also revealed that equity contributions for U.S. leveraged buyouts remained steady, and that callable capital reserves, or “dry powder,” of global buyout funds increased from $361 billion at the end of the second quarter to $384 billion as of September 2013, a 6 percent gain.

“The PEGCC’s private equity Trends Report provides an analysis of key components affecting the private equity industry’s activity in the U.S.,” said Bronwyn Bailey, PEGCC Vice President of Research. “After an exciting second quarter, private equity activity in the third quarter was generally in line with third quarter performance in previous years,” Bailey concluded.

The full report can be found here.