Institutional Private Equity Funds
With 25 years of alternative investment experience, we utilize our experience and deep network to provide exposure to third-party institutional private equity funds for your clients’ portfolios. Our manager selection process is conflict-free, as we are not compensated by any of the managers in the program. We seek to identify firms with a proven track record, a dedicated risk management process, deep teams and institutional safeguards.
Private Equity industry ¹
40% portfolio allocations to private investments ²
Gain exposure to 10+ raising institutional private equity funds who manage over $600 billion in industry assets
Below is an independent survey conducted by Private Equity International ranking the world’s largest private equity firms based on capital in-flows over the last 5 years.
PEI Ranks Largest 20 PE Firms ³
|AuM||YEAR OF INCEPTION|
|MANAGER||PORTFOLIO MANAGER(S)/CEO/CIO||AuM||NET GAINS IN 2018 ($BN)||YEAR OF INCEPTION||YEAR OF INCEPTION|
|1||Blackstone||Stephen A. Schwarzman||$571bn||1985|
|2||The Carlyle Group||Kewsong Lee and Glenn Youngkin||$222bn||1987|
|3||KKR||Henry Kravis and George Roberts||$208.4bn||1976|
|4||CVC Capital Partners||Steve Koltes, Donald Mackenzie, Rolly van Rappard||$134.5bn||1981|
|5||Warburg Pincus||Charles Kaye and Joseph Landy||$58bn||1966|
|6||Bain Capital||Joshua Bekenstein and John Connaughton||$105bn||1984|
|8||Thoma Bravo||Carl Thoma and Orlando Bravo||$31bn||1989|
|9||Apollo Global Management||Leon Black and Marc Rowan||$323bn||1990|
|10||Neuberger Berman Group||Joseph Amato||$356bn||1939|
|11||Hellman & Friedman||Patrick Healy||$45bn||1984|
|12||TPG||James Coulter and Jon Winkelried||$119bn||1992|
|13||EnCap Investments||David Miller, Gary Petersen, D. Martin Phillips, Robert Zorich||$37bn||1988|
|14||Vista Equity Partners||Robert Smith||$52bn||2000|
|15||Apax Partners||Sir Ronald Cohen and Alan Patricof||$50bn||1969|
|16||General Atlantic||William Ford||$35bn||1980|
|17||Clayton, Dublier & Rice||Joseph L. Rice III||$21bn||1978|
|18||Permira Advisers||Nicholas Ferguson||€33bn||1985|
|19||Advent International||Peter Brooke||€51.9bn||1984|
|20||Silver Lake||Jim Davidson||$43bn||1999|
Funds on this list are not necessarily available for investment through Crystal and are shown for general information and industry purposes only. For purposes of clarity, no representation is being made that any services or products of Crystal will (or is likely to) achieve profits or losses similar to those shown herein. The performance of such funds (which has not been verified by Crystal) was provided by a third party and is not guaranteed as to accuracy or completeness. Accordingly, Crystal makes no representation or warranty, express or implied, as to the accuracy or completeness of the information contained therein. The actual performance of these funds, including over any given period of time since inception, may vary significantly based on many factors, including, but not limited to, the timing of investor capital contributions and withdrawals, side pocket investments (if any), taxes and withholding, special allocations of new issues, and different fee arrangements. Accordingly, certain investors may have experienced losses in such funds notwithstanding such historical performance. Past performance is no guarantee of future performance.
¹ Preqin, 2012 & 2019 Report
² According to the latest research conducted by Cambridge Associates, top decile performing institutional investors have doubled their allocations to private investments* in the last 20 years from 20% to almost 40%. Private investments include non-venture private equity, venture capital, distressed securities (private equity structure), private real estate, private oil & gas/natural resources, timber, and other private investments. Source: Cambridge Associates Research Report February 2019.
³ Private Equity International, The World’s Largest Private Equity Firms.