Private equity data provider Pitchbook recently released some interesting data on the top 11 private equity (PE) investors in the U.S. Midwest. Which entities would you guess show up on top?
Would you guess the big entities – Canadian Pension Plan Investment Fund, AlpInvest Partners, Hamilton Lane, HarbourVest Partners, or Washington State Investment Board show up on the list? (Here’s a list of other big investment companies) Perhaps the private equity arm of Goldman Sachs shows up on the list? Blackrock?
Take your guess now. The results follow.
The Top 11 Private Equity Investors in the US Midwest?
What follows is Pitchbook’s accounting of the top 11 private equity investors in the Midwest.
Fascinatingly, on top of the list is AEA Investors. AEA Investors is headquartered in New York, New York. The firm mainly represents private investment vehicles for family offices with substantial assets. AEA Investors operates by using leveraged buyouts and mezzanine and senior debt investing. The firm covers a host of physical industries, including industrial products, specialty chemicals, and retail sectors. It is the wide swath of sectors that probably places AEA Investors on top. The Pitchbook list has 20 private equity investments in the US Midwest.
In second place is Apollo Global Management. The New York, New York-based company was founded in 1990 and invests in a similar space as AEA Investors, with the addition of a stronger focus on credit and real estate investments. Pitchbook’s accounting has Apollo Global Management having made 18 investments in the US Midwest.
Tied for third place are two relatively well-known investment firms – Blackstone and McCarthy Capital. Blackstone is one of the largest private equity investment companies in the world, with 742 investment professionals and 1,284 investments. McCarthy Capital is much smaller on a global scale, with 14 investment professionals and 78 overall investments. Pitchbook has Blackstone and McCarthy Capital having made 16 investments each in the US Midwest.
Rounding out the top five is Capital for Business. According to Pitchbook, Capital for Business has 6 investment professionals and has made 125 investments. Of the 126 investments, 14 have been in the US Midwest.
The remaining members of the top 11 are TA Associates (13 investments), Clearview Capital (13 investments), Eagle Private Capital (13 investments), The Riverside Company (11 investments), Summit Partners (11 investments), and Silverhawk Capital Partners (11 investments).
Conclusion
In an interesting review of the top private equity investors in the US Midwest, some surprising results show up. Overall, Pitchbook’s list sums to 156 investments made by the top 11 private equity firms across the US Midwest. Times are certainly good to be a private equity investor or an owner of a company that captures the attention of an interested private equity buyer.
Comments on this entry are closed.