Private Equity Investment Rises for Second Consecutive Quarter to $87 Billion in Q3 According to PEGCC Quarterly Trends Report

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.”

WASHINGTON, D.C. – 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.

About the PEGCC Private Equity Trends Report

Designed to provide a snapshot of the private equity market, the quarterly Private Equity Trends Report analyzes key factors that affect U.S. private equity investing.  The Private Equity Trends Report provides analysis based on data from PitchBook, Preqin and Standard & Poor’s Leveraged Commentary & Data.

About Private Equity

The private equity industry in the U.S. comprises nearly 2,800 investment firms. They operate nearly 17,700 U.S.-based businesses in all 50 states and all Congressional districts. These companies employ approximately 7.5 million people. In 2012 alone, U.S. private equity firms invested $347 billion in over 2,000 U.S.-based companies. The private equity industry has distributed over $1 trillion to its limited partner investors over the past three decades.

About the Private Equity Growth Capital Council

The Private Equity Growth Capital Council (PEGCC) is an advocacy, communications and research organization and resource center established to develop, analyze and distribute information about the private equity and growth capital investment industry and its contributions to the national and global economy.  Established in 2007 and formerly known as the Private Equity Council, the PEGCC is based in Washington, D.C. The members of the PEGCC consist of the world’s leading private equity and growth capital firms united by their commitment to growing and strengthening the businesses in which they invest. More information about the PEGCC can be found at