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BVK - Bundesverband Deutscher Kapitalbeteiligungsgesellschaften e.V.

Facts for Investors

Asset Classes Private Equity

 
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German Private Equity funds generate attractive returns.

  • Since their inception German Private Equity funds have generated average annual returns of 10.7 % p.a. for their investors.
  • The best quarter of funds analysed (Top Quarter) beat these returns significantly by returning 25 %, the best half of funds beat these returns by coming in at 20 %.
  • There are however considerable differences between the performance of individual fund groups.


Fund type


Funds

Net performance since fund inception in %,
pooled IRR as of 31 Dec. 2007

 


 


All funds

Top Quarter funds

Top Half funds

Venture Capital

62

4.5

16.9

13.3

Buy-Outs

9

37.0

-*

38.5

Private Equity total

75

10.7

25.0

20.0


Source: Thomson Reuters; The type of fund is unknown for four funds. * Insufficient data.  Note: Top Quarter = Return of the best quarter of analysed funds. Top Half = Return of the best half of funds.


 
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