RESEARCH PAPERS

Browse our extensive collection of leading industry research. Learn more about the latest trends and global performance through our various series of research reports covering a wide range of key topics.
  • eFront Insight Quarterly Performance Benchmarks – Q2 2024

    The eFront® Insight performance metrics are calculated using the cashflow information of 9,300 unique private market funds and are provided on a net-of-fee basis.
  • eFront Insight Quarterly Performance Benchmarks – Q1 2024

    The eFront® Insight performance metrics are calculated using the cashflow information of almost 8,900 unique private market funds and are provided on a net-of-fee basis.
  • eFront® Insight Biannual Infrastructure Report – Q4 2023

    The eFront® Insight Research infrastructure fund performance metrics are calculated using the deal-level information about almost 9,500 unique deals reported by more than 800 funds specialized in infrastructure investments.
  • eFront Insight Quarterly Performance Benchmarks – Q4 2023

    The eFront® Insight performance metrics are calculated using the cashflow information of almost 8,700 unique private market funds and are provided on a net-of-fee basis.
  • eFront Insight Quarterly Performance Benchmarks – Q3 2023

    The eFront® Insight performance metrics are calculated using the cashflow information of 8,300 unique private market funds and are provided on a net-of-fee basis.
  • ESG Transparency in Private Markets

    Combining quantitative survey data collected in the 2022 campaign carried out during 2023 and qualitative insights from our stakeholders, this research paper aims to contribute to the ongoing discourse surrounding ESG reporting in private markets.
  • eFront Insight Quarterly Performance Benchmarks – Q2 2023

    The eFront® Insight performance metrics are calculated using the cashflow information of 8,000 unique private market funds and are provided on a net-of-fee basis.
  • eFront Insight Quarterly Performance Benchmarks – Q1 2023

    The eFront® Insight Research performance metrics are calculated using the cashflow information of 7,800 unique private market funds and are provided on a net-of-fee basis.
  • eFront Insight Quarterly Performance Benchmarks – Q4 2022

    The eFront® Insight Research performance metrics are calculated using the cashflow information of more than 7,700 unique private market funds and are provided on a net-of-fee basis.
  • eFront Insight Quarterly Performance Benchmarks – Q3 2022

    The eFront® Insight Research performance metrics are calculated using the cashflow information of more than 7,300 unique private market funds and are provided on a net-of-fee basis.
  • Private Equity Performance Overview – Q1 2022

    Our latest Quarterly Report brings together two complementary sets of benchmarks for the global PE market as of Q1 2022: Fund-level transaction-based metrics and deal-level performance statistics derived from individual deal financials.
  • Private Equity Performance Overview – Q4 2021

    Our latest Quarterly Report brings together two complementary sets of benchmarks for the global PE market as of Q4 2021: Fund-level transaction-based metrics and deal-level performance statistics derived from individual deal financials.
  • Private Equity Performance Overview – Q2 2021

    2022-03-10
    Our latest Quarterly Report brings together two complementary sets of benchmarks for the global PE market as of Q2 2021: Fund-level transaction-based metrics and deal-level performance statistics derived from individual deal financials.
  • Benefits of International Diversification: Focus on the UK LBO Market

    2021-12-02
    We looked at the eFront Insight universe of the 20-year history of quarterly returns of regional pools of LBO funds to quantify the correlation structure between different regions.
  • Private Equity Performance Overview – Q1 2021

    2021-10-20
    Our latest Quarterly Report brings together two complementary sets of benchmarks for the global PE market as of Q1 2021: Fund-level transaction-based metrics and deal-level performance statistics derived from individual deal financials.
  • FrontLine Research

    Global Private Equity Performance Series

    2021-07-28
    The fourth edition of Global Private Equity Performance Series is for the first time using the deal-level benchmarks in geographical performance analysis.
  • FrontLine Research

    Exit Environment in 2020 and Evolution of Holding Periods

    2021-04-20
    A detailed eFront Insight portfolio look-through dataset allowed us to look back into the 10-year long history of exits to analyze the evolution of holding periods and the disruptions the year of pandemic brought onto the private equity deal market.
  • Quarterly Reports

    Returns, risks and liquidity of VC Funds in Q3 2020

    2021-02-02
    At the close of Q3, 2020 has shown to be an exceptional year for venture capital performance, with funds globally recording an increase in aggregated multiple of invested capital (TVPI), rising from 1.58x in Q3 2019 to 1.63x in Q3 2020.
  • Private Equity Market Data and the US Government Partisanship

    2020-12-17
    See what our data reveals for private equity performance when comparing a divided vs. unified US government ahead of the upcoming US Senate elections in the state of Georgia.
  • FrontLine Research

    Private equity in the COVID-19 year

    2020-12-14
    Our latest research reveals that the global private equity market showed higher resiliency and lower volatility over the first two quarters of 2020 compared with public equity markets, as firms dealt with the fallout of the coronavirus crisis.
  • Quarterly Reports

    Returns, risks and liquidity of LBO Funds in Q2 2020

    2020-10-20
    Our latest Quarterly Private Equity Performance report shows that after a long period of benign market conditions and strong performance, LBO funds recorded a significant fall in returns during the first half of 2020.
  • Annual Country Report

    Global Private Equity Performance Series 2020

    2020-10-20
    It is our pleasure to present the latest edition of eFront’s Global Private Equity Performance Series.
  • White Papers

    Private Markets in Downturns : 3 Observations

    2020-06-20
    Defining the optimal set of actions in coping with COVID-19 induced shocks requires all private equity stakeholders to address some major questions, such as the effect of public market contraction on private market valuations..
  • Quarterly Reports

    Returns, risks and liquidity of LBO Funds in Q4 2019

    2020-05-11
    Throughout 2019, performance and risk have jointly stabilized at levels set in 2017, while selection risk has also stabilized at a low level. Time-to-liquidity remained short, as fund managers maximized the use of debt markets and exit options.
  • FrontLine Research

    Private equity valuations during downturns

    2020-04-30
    When observers are confronted with a crisis case, they will look back to identify other similar cases and compare.
  • FrontLine Research

    Is the emerging Asia-Pacific region coming of age?

    Private equity funds from the emerging Asia-Pacific region seem to require more time to mature than their Western peers, as the portion of the unrealized value (RVPI) to total created value (TVPI) is systematically larger for..
  • Quarterly Reports

    Returns, risks and liquidity of VC Funds in Q3 2019

    2020-01-15
    Q2 2019 has recorded the highest average of the performance of active VC funds over the last ten years. Selection risk increased and is back to the 2015-2016 level.
  • FrontLine Research

    Infrastructure funds: the upside of low downside

    2019-12-28
    Historically private infrastructure funds have shown fairly resilient performance and a very low loss ratio. On a pooled average basis.
  • FrontLine Research

    Time is of the essence: assessing time-to-liquidity risks

    2019-11-29
    Average times-to-liquidity are a useful bench-marking instrument for fund investors. The time-to-liquidity of fully realized funds ranges from 4.1 years for mezzanine funds to 5.6 years for early-stage venture capital funds.
  • Quarterly Reports

    Returns, risks and liquidity of LBO Funds in Q2 2019

    2019-10-17
    The first half of 2019 sees active LBO funds maintaining a high level of performance. Selection risk has decreased significantly, as well as time-to-liquidity, both hinting at a wave of new investments during that period.
  • Annual Country Report

    Global Private Equity Performance Series

    2019-10-01
    In most of modern finance, things tend to matter only if they can be measured precisely and frequently.
  • White Papers

    AI²: Alternative Investments Meet Artificial Intelligence

    2019-09-26
    The profitability and investment potential into AI is not a contentious topic. But to what extent could AI disrupt and enhance the actual process of investing in alternatives