NYPPEX: 2020 Best & Worst Buyout Funds
in North America
March 1, 2021
- NYPPEX believes that 2020 served as an excellent stress test year for evaluating the relative performance of fund strategies in North America, Europe and Asia.
- Gridiron Capital Fund III headquartered in New Canaan, CT was ranked as the number 1 North American buyout fund in 2020 by NYPPEX. Return performance was based on net investment multiple since a fund’s inception. Eligible funds had at least $500 million in capital commitments and 2015-2020 vintages
- Gridiron’s buyout strategy has an industry-focused approach that seeks to build mid-market companies into global leaders in 3 core sectors: Branded Consumer, B2B and B2C Services and Niche Industrial. www.gridironcapital.com.
- Surprisingly in 2020, two general partners each had two buyout funds ranked in the top 10.
Thoma Bravo Special Opportunities Fund II ranked number 6 and Thoma Bravo Discover Fund ranked number 7. Thoma Bravo’s buyout strategy focuses on software and technology companies, and pursues a differentiated "consolidation" or "buy and build" approach. www.thomabravo.com.
- Veritas Capital Fund V ranked number 2 and Veritas Capital Fund VI ranked number 9. Veritas’ buyout strategy focuses on companies that provide critical products and services primarily technology-enabled solutions to government and commercial customers worldwide including healthcare, aerospace & defense and national security. https://www.veritascapital.com
- Regions for the top 10 North American buyout funds in 2020 were diverse and comprised of New York (3), Los Angeles (2), Chicago, Toronto, Quebec, San Francisco and Connecticut.
- Institutional and other qualified purchaser investors are welcome to request a complimentary copy of the NYPPEX: 2020 Best & Worst Buyout Funds Worldwide report at firstname.lastname@example.org.
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