RYE BROOK, New York,
July 23, 2016 /PRNewswire/ -- NYPPEX,
a technology-driven financial services company that provides
secondary private equity market liquidity, has just released its
2016 Midyear Secondary Private Equity Market Trends and Valuation
Report.
Its findings included the following:
1. Secondary transaction volume increased significantly
in the 2Q2016 and resulted in approximately $15.7 billion for interests in private equity
funds worldwide for the 1H2016. Activity was driven by stability in
stock and commodities prices, better than expected net asset values
as of December 31, 2015 and strong
investor demand.
2. Secondary "high" bid prices increased approximately
0.24% to 103.94 (% of NAV) for U.S. private equity funds as
investors sought safe havens; however, declined 0.33% to 96.35 on
average for European private equity funds driven by economic growth
uncertainty.
3. Cash distributions from private equity funds declined
20-75% in the 1H2016, driven by 40%+ declines in IPO capital
raised in the US, Europe and
Asia Pacific regions accompanied
by a significant volume of failed merger & acquisition
deals.
To request a copy of the NYPPEX 2016 midyear report,
please email data@nyppex.com with your name, title and
organization. Note: All information as estimated by NYPPEX.
ABOUT NYPPEX
NYPPEX is a technology-driven financial services company that
provides secondary private equity market transfer administration,
trading, advisory and portfolio valuation services for alternative
assets worldwide. NYPPEX has provided over $8 billion in secondary private equity liquidity
to investors in 26 countries. We provide access to the secondary
private equity markets for (a) interests in private funds (e.g.
buyout, venture, natural resources, real estate, hedge funds etc.),
(b) unregistered securities in private (and listed) companies and
(c) their respective derivative instruments.
Our services are provided to alternative investment firms,
private companies, governments, financial institutions, custodians,
corporations, private wealth management groups and their advisors
worldwide.
For more information, please contact inquiries@nyppex.com
or:
Robin Starr Bond, SVP, NYPPEX
rbond@nyppex.com
+1.914.305.2808
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