Preqin Australia Reveals Record Breaking Private Capital Market

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Preqin Australia has announced a record-breaking private capital market, with a total of $1.1 trillion in assets under management.

This milestone marks a significant increase from the previous year, showcasing the growth and expansion of private capital in Australia.

Private equity firms are leading the charge, with a total of $443 billion in assets under management.

The growth of private capital in Australia is a testament to the country's strong economy and business-friendly environment.

On a similar theme: Preqin Private Equity

Australia's Private Capital Market

Australia's private capital market is thriving, with assets hitting a record A$30 billion in the first half of 2018. This represents a 17% increase from the end of 2017.

Private equity and venture capital managers raised a combined A$6.6 billion in 2018, almost double the A$3.4 billion raised in 2017, driving their cash reserves up 31% to A$11 billion.

Curious to learn more? Check out: Capital Gains Tax in Australia

Hits Record A$30 Billion

Australia's private capital market assets hit a record high of A$30 billion in the first half of 2018, according to data provider Preqin.

A detailed close-up shot of scattered Australian coins, perfect for finance concepts.
Credit: pexels.com, A detailed close-up shot of scattered Australian coins, perfect for finance concepts.

This significant milestone represents a nearly 17% increase from A$25.7 billion at the end of 2017, showcasing the industry's impressive growth.

Private equity and venture capital managers raised a combined A$6.6 billion in 2018, almost double the A$3.4 billion raised in 2017, driving their cash reserves or dry powder up 31% to A$11 billion.

The surge in funds raised has led to a significant increase in private equity-backed deals, with 75 transactions in 2018, up 89% from 2017.

Buyout funds dominated fundraising in Australia for the last six years, accounting for around 79% of total capital raised in 2018, highlighting their importance in the industry.

Australia's private capital market is growing from strength to strength, with Preqin's Chief Executive Mark O'Hare predicting continued growth in the coming months and years.

The Magic Asset Core

The Magic Asset Core is a key component of Australia's private capital market. It's where the magic happens, folks!

The Australian private capital market is estimated to be around $1.2 trillion in size, with a significant portion of it being managed by a small number of large institutions. These institutions have the resources and expertise to invest in a wide range of assets.

The private capital market is also home to a diverse range of asset types, including real estate, infrastructure, and private equity. Real estate, in particular, is a popular choice for investors, with the Australian real estate market valued at over $7 trillion.

Frequently Asked Questions

Who is Preqin owned by?

Preqin is owned by BlackRock, which acquired 100% of its business and assets in a £2.55 billion deal. The acquisition is expected to close by the end of 2024, pending regulatory approvals.

Tommy Weber

Lead Assigning Editor

Tommy Weber is a seasoned Assigning Editor with a keen eye for detail and a passion for storytelling. With extensive experience in assigning articles across various categories, Tommy has honed his skills in identifying and selecting compelling topics that resonate with readers. Tommy's expertise lies in assigning articles related to personal finance, specifically in the areas of bank card credit and bank credit cards.

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