Top 10 Biggest Private Equity Firms, U.S. Firms Dominate the List
[hanomantoto]
TEMPO.CO, Jakarta – Equity firms, also known as private equity firms, are investment management companies that offer financial support to private companies. Corporate Finance Institutes explains these firms seek to maximize profitability and transform businesses for future growth through a multitude of investment strategies, including venture capital and leveraged buyouts.
Today, some of the largest private equity firms manage billions of dollars in assets and invest in various sectors. Citing Investopedia, Visual Capitalist, and other sources, let’s explore some of the biggest equity firms in the world.
List of the Biggest Private Equity Firms in the World
The following are the top 10 biggest private equity firms by capital raised in 2023, as highlighted by Visual Capitalist and Investopedia. Scroll down for more.
1. The Blackstone Group Inc. (US$125.6 billion)
Headquartered in New York, United States (U.S.), Blackstone Group Inc. was named the biggest private equity firm worldwide in 2023, with assets exceeding US$125 billion. First established in 1985, Blackstone invests in various sectors, from energy to retail and technology.
2. KKR & Co. Inc. (US$103.7 billion)
KKR & Co. Inc., originally Kohlberg Kravis Roberts & Co., is another equity giant based in New York. This firm secures assets under management (AUM) worth nearly US$104 billion.
KKR is reputable for being engaged in large-scale leveraged buyouts. One of its most prominent is its buyout of TXU in 2007.
3. EQT (US$101.7 billion)
Sitting in third position is a Swedish-based private equity firm, EQT A.B. Raising approximately US$101.7 billion of assets, the firm has a diverse portfolio, with Flying Tiger Copenhagen as its best-known, particularly to U.S. consumers.
4. Thoma Bravo (US$74.1 billion)
Thoma Bravo positions itself as the leading private equity firm specializing in software and technology investments. Founded in 2008 and headquartered in Chicago, U.S., this company is committed to building collaborative partnerships that produce operational excellence and innovation for its investors.
In 2023, the estimated number of its AUM stood at US$74.1 billion. However, according to its official website, Thoma Bravo has amassed assets equivalent to US$160 billion.
5. The Carlyle Group Inc. (US$69.7 billion)
Dating back to 1987, Carlyle Group Inc. has been operating across five continents, employing over 1,900 professionals. In 2023, its AUM came in at almost US$70 billion. Supreme and Workforce Logiq are among its notable holdings.
6. TPG Capital (US$55 billion)
Founded in 1992, TPG Capital has grown to manage US$55 billion in assets as of 2023. TPG Capital is based in San Francisco and has completed numerous significant transactions during its tenure.
In 1993, it acquired Continental Airlines and Petco later in 2000. Moreover, Airbnb and Chobani are among its current portfolio holdings.
7.Advent International (US$52.9 billion)
Specializing in varied sectors, including business, healthcare, and technology, Advent International is a private equity firm based in Boston with over US$52 billion in assets as of 2023.
From its humble beginning in 1984, Advent International has emerged as an accomplished equity company with years of experience, ensuring the growth and success of world-class businesses.
8. Hg (US$51 billion)
Hg is a leading European private equity firm with assets under management of over $50 billion. Headquartered in London, the firm primarily focuses on software and services.
Hg has expanded its operations to five more cities, including Munich, Paris, San Francisco, New York, and Singapore. Some of its current portfolios are Athletics Sports Sponsoring, AuditBoard, and AUVESY-MDT.
9. General Atlantic (US$48.7 billion)
General Atlantic, managing nearly $49 billion in assets, is renowned for its strategic, practical, and impactful support. The company, founded in 1980, has been operating in multiple regions, such as the EMEA, Southeast Asia, and Latin America, solidifying its presence on the global stage.
SPINS, Back Market, trendyol, and Suvida are among General Atlantic’s portfolio holdings, according to its official website.
10. Warburg Pincus LLC (US$48.5 billion)
Warburg Pincus LLC rounds off our list of the biggest equity firms in the world, with AUM exceeding US$48 billion in 2023. Since its foundation in 1939, this private firm has been investing in over 235 companies and operating in 13 countries.
Editor’s Choice: 7 Richest Bitcoin Owners in the World, Cryptocurrencies Icons
Click here to get the latest news updates from Tempo on Google News
Tinggalkan Balasan