In its latest report on the "net performance of French Private Equity players", France Invest, in collaboration with EY, unveils the latest figures for the French Private Equity market.
Private Equity delivered an average 14.2% net return/year over 10 years between 2013 and 2022, ahead of the CAC 40 (10.4%), real estate (5.6%) and hedge funds (2.7%).
"Over the long term, French Private Equity returns are high, above 12% net per annum. Despite a more uncertain economic environment in 2022, short-term performance remains high (15.2% over a 3-year horizon)," notes the report.
Performance of top-performing funds
75% of the capital called in achieves a net IRR of over 6. 0% and a multiple of over 1.2x. The best-performing funds (top quartile) achieve an average IRR of 25.7% and a multiple of 2.4x.
50% of capital achieves a multiple greater than 1.4x. Funds achieving a multiple of less than 1.0x account for only 15% of capital raised.
