GP Trends 2020

Our 10th annual GP Trends survey 2020 looks at the private equity market over the past decade with the opinion of 400 private equity professionals globally on the current landscape. 

More than half of private equity professionals believe that the economic fallout of the COVID-19 pandemic will be worse than the 2008 Global Financial Crisis, even as public markets have rebounded. This is according to our GP Trends survey of the private equity fund management executives which is the first analysis since the European and US lockdowns were implemented in March.

The research, which analyses responses from 400 private equity professionals identifying and quantifying how the industry is responding to COVID-19 so far. 

Key findings

60%

feel that COVID-19 will be more severe than the 2008 global financial crisis

83%

do not expect to make a portfolio exit in the next 12 months

33%

expect to suspend or postpone fundraising for their next fund

Download our 2020 GP Trends report

Read insights from the 2020 GP Trends data

Simon Hamilton

In the current environment, there is, understandably, an increased appetite for borrowing, as firms seek to bolster liquidity levels and protect against the impacts on the COVID-19 pandemic. Whilst certain sectors are feeling the pressure more keenly than others, portfolio companies are acting quickly to draw down on financing arrangements, regardless of the markets they serve. We expect many to require further capital later in 2020.

Callum Bell, Head of Lending, Growth & Leveraged Finance

Download our North American GP Trends report

Contact us

  • Jonathan Harvey

    Jonathan Harvey

    Fund Solutions

    Our people are our difference. Give me a call today to find out what we can do for you.

  • Christian Hess

    Christian Hess

    Head of Private Equity Client Group

    Contact me to find out how we can help your business today.

  • Callum Bell

    Callum Bell

    Head of Lending

    I joined Investec in 2010 and head the Corporate & Acquisition Finance team which focuses on direct lending to European corporates with EBITDA greater than £15m. I have over ten years of investment banking, strategy consulting and acquisition finance experience in Europe. Prior to joining Investec, I was a Director at the Royal Bank of Scotland plc where I was responsible for originating and structuring private-equity backed deals in the UK mid-market, latterly managing a team of leverage financiers. I hold a BE Honours degree in Chemical Engineering from the University of Auckland, a Bachelor of Business Studies (Finance) from Massey University and an MBA from the Cambridge Judge Business School.

Contact us

Jonathan Harvey
Christian Hess
Callum Bell

Jonathan Harvey

Fund Solutions

Our people are our difference. Give me a call today to find out what we can do for you.

Christian Hess

Head of Private Equity Client Group

Contact me to find out how we can help your business today.

Callum Bell

Head of Lending

I joined Investec in 2010 and head the Corporate & Acquisition Finance team which focuses on direct lending to European corporates with EBITDA greater than £15m. I have over ten years of investment banking, strategy consulting and acquisition finance experience in Europe. Prior to joining Investec, I was a Director at the Royal Bank of Scotland plc where I was responsible for originating and structuring private-equity backed deals in the UK mid-market, latterly managing a team of leverage financiers. I hold a BE Honours degree in Chemical Engineering from the University of Auckland, a Bachelor of Business Studies (Finance) from Massey University and an MBA from the Cambridge Judge Business School.