The Eight Most Successful Private Equity Companies in 2023

The Eight Most Successful Private Equity Companies in 2023

Take a look at some of the strongest players in the game right now

Private equity is a sort of investment in which professional investors gather a significant sum of funds (often from wealthy investors) and then reinvest those funds in a variety of different ways, with the goal of generating the highest possible return on their investment. Companies operating in this high-risk market are frequently in the news for making huge acquisitions, engaging in sometimes contentious leveraged buyouts, and, on rare occasions, collapsing and suffering losses in the billions of millions. But only a select few companies out of all of these would-be titans of finance have managed to climb to the top of the private equity industry as the largest and most successful organizations in the industry.

The growth of a significant fund or funds that normally results in continuous earnings over the course of time is required for private equity firms to earn a place on this list. This list ranks the most successful private equity firms by how much money they have raised in the last five years, how much money they are currently managing, and other similar factors.

The Blackstone Group

Even people who have only a passing interest in Wall Street are undoubtedly familiar with the name Blackstone. The company’s headquarters are located in New York, and it also has offices in other major financial hubs across the world. This business gives its clients access to a wide range of ways to invest, including private equity, real estate, hedge funds, and credit.

Blackstone was established in 1985 by two brothers, and it has since grown to become the most successful private equity business in the entire globe. As a result of the fact that Blackstone is a publicly-traded corporation, its shares can be purchased on the New York Stock Exchange using the ticker symbol “BX.”

Blackstone reportedly has $648 billion in assets under control and employs more than 2,400 people. Over the course of the past five years, it has collected 58.3 billion dollars. Its 95 portfolio firms collectively generate annual revenues of over $79 billion and employ in excess of 470,000 people. Vivint, Scout 24, Service King Collision Repair Centers, and Versace are some of the companies that are included in the portfolio.

The Carlyle Group 

The Carlyle Group is a formidable competitor in the global financial sector, with $429 billion in assets under management and $401 billion in new capital raised over the course of the previous five years.

The company has been around since 1987, and its headquarters can be found in Washington, District of Columbia. It is listed on the Nasdaq under the ticker code CG.

At Carlyle Group, private eqRoberts & Co.eal estate, global credit, and investment solutions are some of the company’s most important business areas. Carlyle focuses its attention on ten primary industries that it regards as its primary areas of competence. It has 1,600 employees working in its offices located all over the world.

The more than 200 portfolio firms managed by Carlyle Group are spread across a variety of sectors, including aerospace, and assets are technology and energy. These businesses are responsible for the employment of a combined total of 650,000 people throughout all continents, with the exception of Antarctica. Even while not all of these companies are household names, Centennial Resource Production, DiscoverOrg Holding, Ortho-Clinical Diagnostics, Nature’s Bounty, Veritas Holdings, and Wesco Aircraft Holdings are all substantial investments.

Kohlberg Kravis Roberts & Co.

During the past five years, Kohlberg Kravis Roberts, also known as KKR, has been successful in raising $41.6 billion and currently manages $429 billion in total assets.

KKR was a major factor in the infamous leveraged buyout of RJR Nabisco, which was recounted in the best-selling book Barbarians at the Gate. KKR can trace its roots back to 1976 when the company was founded.

On the New York Stock Exchange, shares of Kohlberg Kravis Roberts can be purchased by the general public under the ticker KKR. Like other well-known private equity firms, KKR works in a wide range of industries, including real estate, hedge funds, credit, and other financial services.

The New York City location of KKR’s headquarters is home to its 1,300 staff members. Companies in the portfolio include several well-known brands, such as First Data, GoDaddy, Lyft, PEMEX Midstream, and the UFC, amongst others. KKR recently made an investment in Toys ‘R Us, which resulted in the company filing for bankruptcy and closing more than 800 shops in 2018. This investment helped bring KKR to the attention of the media.

TPG Capital This image was provided by TPG Capital.

TPG Capital, based in Fort Worth, Texas, was successful in raising $36.1 billion over the course of the last five years. San Francisco serves as the location of the company’s second headquarters. The company, which was formerly known as Texas Pacific Group, has subsidiaries that specialize in private equity, real estate, credit, and hedge funds, and it manages a portfolio that has more than $96 billion in assets. 

The company has been around since 1992 and has successfully executed over 175 different deals. One of the most significant holdings is the computer security business, McAfee. Neiman Marcus, Harrah’s Entertainment, First Data, and Univision Communications are some of the major investments the company has made.

It should come as no surprise that energy and technology are two of TPG’s primary target industries, given that the company’s dual offices are located in the heart of oil country and Silicon Valley, respectively. Retail, health care, real estate, and manufacturing are some examples of additional industries.

Apollo Global Management

Apollo Global Management is based in New York and has been in the private equity business since 1990. It is currently in charge of $276 billion in assets and has raised $24 billion in the last five years.

The ticker symbol for Apollo when it trades on the New York Stock Exchange is APO.

This multinational company is well-known for engaging in leveraged buyouts and acquiring troubled businesses. It has a workforce of 1,100 employees. Since its establishment, it has had more than 150 companies in its portfolio at any given time. ADT, Claire’s, Caesars Entertainment, CareerBuilder, Qdoba, and Rackspace are some of the firms that fall within this category.

Public pensions and sovereign wealth funds account for approximately half of Apollo’s total investments. This shows that a lot of big investors with a lot of experience have a lot of faith in Apollo.

Bain Capital 

Bain Capital manages assets worth $140 billion and has brought in fresh money totaling $18.2 billion over the course of the last five years.

Bain & Company was established in 1983 and has its headquarters in Boston. The company has more than a thousand employees working throughout its global branches. Mitt Romney, who was the nominee of the Republican Party for president in 2012 and is now serving as a senator from Utah, is one of the company’s co-founders.

This private equity firm is active in the real estate, loan, and venture capital markets, in addition to the public equity market. Some of the most well-known companies in the world, such as Clear Channel Communications, Canada Goose, Virgin Holidays Cruises, and Bugaboo International, have all been part of the Bain portfolio over the past decade or two. Staples, Sports Authority, Guitar Center, Gymboree, Houghton Mifflin, Domino’s Pizza, Burger King, the Weather Channel, and Brookstone are some examples of other large holdings that the company has had in the past.

The socially aware Bain Capital Double Impact division, Bain Capital Life Sciences, and Bain Capital Real Estate are all areas of competence that fall under the purview of the fund. When reviewing Bain’s previous portfolio, it is clear that the company has a bias toward the retail sector, restaurants, and other consumer brands.

The Warburg Pincus Group

Warburg Pincus was established in the year 1966 in the city of New York. The company has more than 1,000 employees, manages a $64 billion private equity portfolio, and has made more than 835 investments in its long history.

Warburg Pincus has been successful in raising $30.8 billion in additional capital over the course of the last five years. This company can be broken down into the following categories: industrial and business services; energy; finance; health care and consumer; technology, media, and telecommunications; and consumer health care and health insurance. Among the notable investments are those in 1 & 1 Hosting, Avaya, PayScale, Mariner Finance, and a wide variety of companies located in other countries.

CVC Capital Partners 

This private equity firm has been around since 1981 and now has 500 workers spread over 24 locations located throughout the world. Because CVC Capital Partners’ headquarters are located in Luxembourg, the company is subject to a distinct body of European legislation. The non-American private equity firm had made the most money over the past five years, collecting $19.9 billion in funds.

CVC Capital manages assets worth a total of $114.8 billion.

  1. The primary areas of concentration are private equity and lending. CVC is not even close to being considered a boutique firm, despite the fact that it operates more like a boutique. Before it became its own company in 1993, it started out as a branch of Citicorp Venture Capital in Europe.

The company’s portfolio currently consists of 61 different businesses. The investor has put a lot of money into Formula One Group, Petco, Avast, BJ’s Wholesale Club, Breitling, Republic Finance, Pilot Flying J, Samsonite, and Skrill, among other big companies.

Leave a Reply