1. Structural Trends for PE firms
Public-to-Private
Exit Activity
Fund-raising
New Pipeline
Deal count down 11%
Assets sold in 2013 prices rise.
Up by 9%
First-time asset sales
Up by 21%
Fundraising bifurcated.
Go broader, deeper
Deal activity high
Minority stakes
Activities
DELL
Heinz
GP’s extra equity.
Sell shares of public companies
Few reach the target.
PE funds > Public Equity Markets
Blackstone (Crocs)
Attract Diversity
Outcomes
Groundwork
Trends
Acquisitions /Exits
Management
PE w/ DHR
Internship
Sources
Private Equity Practice Group Presentation

2. IT Security/Netowkr Management
Restaurant Chains
Golden Gate Capital pursuing Red Lobster and T.G.I. Friday's
IT Security/Netowkr Management
Tolt Solutions, backed by Clearlake Capital Group, acquires Unity Managed Network Services division of iPass.
Financial Firms
Friends Life Group sells its wealth management arm to The Blackstone Group.
Groundwork
Trends
Acquisitions /Exits
Management
PE w/ DHR
Internship
Sources
Private Equity Practice Group Presentation

3. Smaller is Bigger Now Trends
Jeffrey Mayer, who heads up Deutsche Bank's Corporate Banking & Securities for North America, is reportedly leaving his position to join Cerberus Capital Management.
Groundwork
Trends
Acquisitions /Exits
Management
PE w/ DHR
Internship
Sources
Private Equity Practice Group Presentation