全球私募基金展望2014.pdf

GLOBAL PRIVATE EQUITY OUTLOOK CONTENTS Introduction 3 Overview 4 Deal Process 8 Portfolio Strategies 11 Cross-Border Dealmaking 12 Exits 14 Fundraising 16 Conclusion 16 Private Equity under the Microscope 18 The Changed Private Equity Landscape 20 About Duff Phelps 22 About Shearman Sterling LLP 24 About Mergermarket 26 METHODOLOGY On behalf of Duff Phelps and Shearman Sterling LLP, Breakdown of Respondents’ Transaction Sizes Mergermarket interviewed 75 private equity executives from Transaction size Percentage of respondents Europe, North America, and Asia-Pacific regarding their investment strategies over the next 12-24 months. All respondents are US$100m 36% anonymous and results are presented in aggregate. US$100m-US$500m 61% Research notes: US$501m-US$1,000m 44% All data is from M and as of June 9, 2014 Average deal size is calculated by dividing the total transaction US$1,000m 23% value by the number of deals that have disclosed value Note: Respondents were able to ch