We are thrilled to share that FTV has ranked #6 out of 106 firms on the 2023 HEC-Dow Jones Growth Capital Private Equity Performance Ranking, moving up 10 spots from last year’s ranking. The ranking, announced exclusively in Private Equity News, highlights the top-performing growth equity firms globally across funds raised between 2010 and 2019.
The data-driven nature of this ranking, which draws on a comprehensive set of performance metrics, is notable and makes us particularly proud to be on this list among such a strong cohort of growth equity firms. We believe this ranking validates our strategy, which leverages our deep domain expertise, thematic sourcing methodology, expansive Global Partner Network® and robust value creation platform.
“It’s great to see our team’s hard work and dedication being recognized with this ranking, highlighting the strength of our consistent strategy and strong performance for our limited partners,” said Brad Bernstein, managing partner. “We take great pride in identifying, growing and scaling businesses across the financial technology and enterprise technology sectors. Our success stems from our differentiated growth equity model, underpinned by a team deeply committed to collaboration and results, and we will continue to strive to achieve fantastic outcomes for all of our stakeholders.”
For this year’s ranking, HEC evaluated comprehensive performance data from 106 growth capital firms, spanning 279 funds raised over a decade to produce the list of the top 20 global growth equity firms. The analysis aggregates performance across vintage years, considering both relative and absolute returns.
Since 2009, HEC and Dow Jones have analyzed the performance of buyout-focused private equity funds, producing a highly respected annual ranking of top-performing funds. Recognizing the increasing significance of the growth equity asset class, a dedicated growth equity list was introduced in 2023, with FTV securing the #16 position in its inaugural year.
Further detail on the ranking, including the methodology for selection, can be found here.
Disclosures
Past performance is not indicative of future results. Reference to an award is only one piece of information relevant to an evaluation of an investment adviser such as FTV Capital. Recognition presented herein is from third parties that are not affiliated with FTV Capital, and these third parties independently assess firms’ submitted performance based on multiple criteria. FTV Capital did not provide cash or non-cash compensation directly or indirectly in connection with obtaining or distributing this ranking. This award represents information as of a specific date and time and may not reflect important information related to an evaluation of the investment adviser, which has occurred prior to, or subsequent to, the award and may not be representative of a particular investor’s return. There is no guarantee that other rankings would reach the same conclusions.