Bloomberg’s PE: A Major Database for Private Equity

Private equity consists of firms and funds that make investments directly into private companies or conduct buyouts of public companies. Private equity, as the name implies, is not traded on public equity exchanges.

Bloomberg’s Private Equity (PE) database brings together data about PE firms, funds, investors and portfolios. In Bloomberg, type PE <GO> for this menu:

 

 

Search by Firm – Private equity firms are the general partners controlling the operations of the firm.

Search by Fund – Private equity firms direct their investments through one or more funds. Funds are associated with a specific investment strategy.  Venture Capital Funds, for example, are investments in startup firms and small businesses with perceived long-term growth potential. Here is a breakdown of the funds worldwide associated with a specific strategy that is available in Bloomberg.

Strategy           Percent of Total

==================

• Venture              28%
• Buyout               25%
• Growth                9%
• Debt                    8%
• Fund of Funds   10%
• Real Estate        13%
• Other                   8%

Search by Limited Partners – Limited partners are the source of investment funds. They include public and corporate pension funds, insurance companies, endowments, high net worth individuals, and sovereign wealth funds

Search by Deal – Deals can be classified as M&A investment, Joint venture, Spinoff, and Buyback, and then further sub classified as a PE buyout, Infrastructure, Real Asset, Real Estate, Secondary Transaction, or Venture Capital deal. Venture Capital deals include possible subdivisions into Seed, Angel, or Series (A to J).

The screen below shows a search for all PE deals in the past year that had targets in the alternative energy industry.

 

Search by Private Company – Bloomberg lists more than 15,000 companies in which PE firms invest.

• Clicking on the name of the company will display a record giving the name(s) of the PE firms which include the company in their portfolio, as well as additional information about the company. The record for U.S. Foods, for example, will show that it is held by KKR 2006 Fund.

In addition to its list of PE backed private companies, Bloomberg includes a database of 1.3 million private companies worldwide that are not PE backed.

Other useful features of Bloomberg’s PE include Funds in Market, which gives aggregate statistics by strategy, and Benchmarking and Fund Comparison, which allow the comparison of funds by such features as IRR (internal rate or return).

Take a look also at Bloomberg’s weekly Private Equity Brief

In addition to Bloomberg, the Penn Libraries have several additional databases that provide details of private equity activity. They include Thomson ONE, S&P Capital IQ (available at Lippincott in the Yablon Financial Resources Lab) , Preqin, and CB-Insights.

Also see our Research Guide:  Venture Capital and Private Equity.

For more information on Bloomberg see our Bloomberg Help Guide and additional posts in Datapoints under the Category:  Bloomberg.

Welcome to the Club!

Embed from Getty Images

As a Wharton MBA, you have joined the first collegiate business school and a larger rank of professional business students globally. Who else is in the club?  What is the MBA presence in the world?  What does the MBA education industry encompass?

In recent years, the MBA degree has faced criticism from scholars and the press questioning its value, partially based on the number of MBAs that graduate each year.  The Atlantic published an article titled “There Are Officially Too Many MBAs” , and the Financial Times asked the question “Is an MBA worth the cost?”.

Beyond the number of MBA programs available, changing technology also has the potential to disrupt the MBA industry.  Wharton’s own Christian Terwiesch and Karl Ulrich looked at the impact of MOOCs (Massively Open Online Courses) and specifically “SuperText” technology on the MBA degree and broader higher education in their report “Will Video Kill the Classroom Star?  The Threat and Opportunity of Massively Open Online courses for Full-Time MBA Programs”.

The Long and Short of Preqin’s Hedge Fund Analyst Database

Sometimes called “Mutual Funds for the Superrich” hedge funds are aggressively managed investment portfolios that attempt to generate high returns through the use of strategies such as leverage, long, short and derivative positions.

Preqin’s Hedge Fund Analyst database provides a comprehensive over view of the hedge fund industry. It includes information on hedge fund performance, profiles, managers, fund items and controls. You can search by individual firm (manager) fund, or create lists of firms or funds with the characteristics you want.

For example, to find the ten largest hedge fund managers ranked by assets under management (AUM) click on Hedge Funds in Preqin’s main menu, then on Fund Managers, and finally on League Tables.