Private equity is a continuous cycle of fundraising, investment decisions, portfolio management and successful realisation.
Understanding the relationships between funds, the private equity house, portfolio companies and management teams is critical. KPMG's Private Equity Group is well acquainted with this cycle. Our Private Equity Group was created to provide the best possible advice to our clients at every stage, helping them to reach key decisions and to implement value enhancement strategies.
The private equity industry has evolved at a rapid pace. From its beginnings in the 1940s and 1950s, a fundamental repositioning in the early 1980s, and to more recent times, an industry has emerged that has had an almost constant presence in the established media ever since.
As the market for mid-sized and large buyouts develops, consortium deals and cross-border activities as well as intensive portfolio management gain in importance. The larger private equity houses have increasingly broadened their scope and established themselves as globally operating organisations. At the same time, significant private equity markets are developing in new regions such as Asia, South America and Eastern Europe.