LaunchPad™-certified companies have received more than $1.7 billion in investment and equity exits.
WALL STREET JOURNAL In India, Private Equity Exits Shrink | Private equity firms shed Indian investments worth about $108 million in the second quarter, a decline of 89 percent from the period a year earlier, according to PricewaterhouseCoopers, The Economic Times reports.
About a quarter of private equity exits are pass-the-baby sales, according to Preqin, in which one private equity firm sells a company to another, but that only defers the problem.
BLOOMBERG NEWS A Strong Quarter for Private Equity Exits || In the fourth quarter of last year, private equity "exits" in the United States amounted to $57 billion, 43 percent of the annual total, according to the latest quarterly newsletter from the placement agent Triago.
DealBook » A Strong Year for Private Equity 'Exits' | In the latest Triago Quarterly, Antoine Dréan, the founder and chairman of the placement agent Triago, writes: "It's shaping up as the best year for private equity exits and fund-raising since the crisis".
So naturally, the need for exits is huge". Granted, exits through a secondary deal only account for around 7% of all private equity exits in China.
Plus, private equity exits were only available to companies generating substantial annual revenues and often profits, making this exit option inaccessible for many startups.
These equity exits differ from the debt financing route used to grow a company into a large manufacturing entity; Bioventures perceived this to be a lower-return option in most cases, and one with time scales longer than might be suitable for the fund.
It can also boast some decent start-up successes, including Shopping.com (later sold to eBay).Most private-equity "exits"—whether public listings or sales—happen abroad.
