Private equity returns in Europe rose by 3.8 percent points to 11.8 percent overall in 2013, Thomson Reuters data showed on Thursday, as favourable debt markets, successful fundraisings and a growing appetite for deals boosted activity. The figures show private equity investments have brought better returns than the FTSE 100 and the STOXX Europe 600 indexes of blue-chip stocks over the past 10 and 20 years, though public markets offer better returns over one, three and five years.Pure takeover funds, as opposed to private equity classes such as infrastructure and real-estate funds, saw their returns jump even more, up 4.2 percentage points in 2013 to 13 percent, the Thomson Reuters data showed.The figures are due in part to an upturn in multi-billion dollar buyouts, which have been increasing despite high valuations and intense competition, as private equity funds have raised billions from investors and need to deploy those funds.Bain Capital for instance last month closed a $7.3 billion fundraising for its next flagship fund and is seeking to raise about 3 billion euros ($4.1 billion) to invest in Europe.
Thomson Reuters Corporation (Thomson Reuters), is a provider of information for the world?s businesses and professionals. Shares of TRI fell by 1.16% or $-0.42/share to $35.88. In the past year, the shares have traded as low as $31.38 and as high as $38.73. On average, 825241 shares of TRI exchange hands on a given day and today's volume is recorded at 219172.
Thomson Reuters Corporation (Thomson Reuters), is a provider of information for the world?s businesses and professionals. Shares of TRI fell by 1.16% or $-0.46/share to $39.07. In the past year, the shares have traded as low as $33.08 and as high as $42.10. On average, 839039 shares of TRI.TO exchange hands on a given day and today's volume is recorded at 229318.
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