Investor Presentaiton
15
CONFIDENTIAL
I}}
Private Equity Market Landscape
Number of PE-backed vs Public
Companies in US¹
Market Cap of PE backed businesses relative
to total Public Equity market cap in the US²
18,000
16,000
14,000
12,000
10,000
8,000
6,000
4,000
7,000
16,410
6,000
5,000
Billions ($)
4,000
3,000
2,000
4,805
1,000
2,000
0
0
2000 2002 2004 2006 2008 2010 2012 2014 2016 2018 2020
Publicly listed
PE-backed
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
1As of October 2023 reflecting YE 2021 data, including PE-backed company data in the US provided by Pitchbook excluding 36'000 VC-back companies. Publicly-listed data from NYSE & NASDAQ
22021 based on data from World Bank, Statista, Siblis Research and Pitchbook
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
PE-backed market cap
% of Public Equity market cap
Private markets provide a robust universe of investment opportunities in
terms of number of companies and overall market capitalization.
14%
12%
10%
8%
6%
4%
2%
0%View entire presentation