PRIVATE EQUITY INSIGHTS DASHBOARD

Mid-Market U.S. Private Equity Data for August
2024
$837.8B
39.0% MoM
US-based PE’s Dry Powder as of
31-
August
In August
170
17.5% MoM
Total closed mid-market deals
$2.5B*
45.7% MoM
Total closed mid-market deal volume
~2.6 months
Average time to close deals
27
Total PE funds closed
PE MID-MARKET DEAL TRACKER
Deal Count
Deal Volume

No Data Found

No Data Found

Deal Counts by Sizes - August

No Data Found

29*
CAPITAL INVESTED BY INDUSTRY - August

No Data Found

$2.5B*
Notable deals in August
Growth/$440.0M
Buyout/$377.0M
PIPE/$275.0M
Buyout/$169.0M
*Denotes data for deals with disclosed values
TOP 10 PE FUNDS (BY SIZE) CLOSED IN August
Fund Name
Fund Size
Close Date
Tenex Capital Partners IV
$1.90B
02-Aug-24
CenterOak Equity Fund III
$1.10B
26-Aug-24
Resurgens Technology Partners III
$0.80B
14-Aug-24
Balderton Capital Growth II
$0.68B
12-Aug-24
FSN Capital Confluence
$0.64B
06-Aug-24
Cormorant Private Healthcare Fund V
$0.44B
08-Aug-24
Equip Capital Continuation Fund
$0.34B
30-Aug-24
Continuim Equity Partners Fund II
$0.25B
29-Aug-24
Heritage Holding Fund I
$0.22B
22-Aug-24
NextGen Growth Partners Fund III
$0.17B
15-Aug-24
RECENT FIRST-TIME PE FUND MANAGERS WITH TARGET FUND SIZES
Fund Name
Fund Size
Open Date
Excolere Equity Partners Fund I
$300.0M - $400.0M
11-Jul-24
Allied Climate Partners Catalytic Core Fund
-
20-Dec-23
NMC Fund I
$50.0M
25-Jul-23
Bicycle I
$500.0M
14-Jun-23
Smith Point Capital Fund I
$300.0M - $400.0M
25-Apr-23

The total disclosed deal volume decreased by ~45% month-over-month in August, with deals ranging from $10 million to $100 million contributing almost 80%

In August, the Healthcare industry became the top recipient of capital, receiving ~25%, up from around 10%

Source: PitchBook Data, Inc. and other publicly available data. Data has not been reviewed by PitchBook analysts.

August

2024 Commentary

Our Private Equity Dashboard reveals important market trends: August saw a significant month-over-month dip in disclosed deal volume, with a nearly 45% decrease. Small to mid-size deals, particularly in the $10 million to $100 million bracket, remained dominant, making up roughly 80% of the transactions.

The Healthcare industry notably garnered around 25% of PE investments, a significant jump from earlier levels. Additionally, U.S. private equity firms’ dry powder rose by 39% month-over-month, marking a third consecutive increase, suggesting that despite potential market headwinds, firms are amassing substantial capital reserves.

Source: PitchBook Data, Inc. and other publicly available data. Data has not been reviewed by PitchBook analysts.