Interesting thoughts from Houlihan on Direct PE (and the maturation of the market around independent sponsors) - "global volume (will) rise from $6 billion in 2019 to an estimated $50 billion this year, with annual deal numbers tripling over that period. We’ll see over 780 transactions this year... Directs have the promise to account for half of all annual capital raised for private equity in 10–15 years." #privateequity #independentsponsors
This Takeaway Q&A features Matt Swain, Managing Director and Head of Direct Placements and Secondaries, discussing the phenomenal growth of direct investments and why they have become so attractive to LP investors: https://lnkd.in/epY4Xajw