The world’s largest PE investors
LPs have allocated more capital to private equity than ever in the 2024 Global Investor 150 ranking.
Katrina Lau
In the past 12-18 months, concerns regarding the denominator effect have loomed over LPs’ heads. In response to this dynamic, overexposed institutional investors, including the likes of Louisiana State Police Retirement System and Pennsylvania State Employees' Retirement System (PennSERS) , have opted to reduce their private equity exposure and decrease the number of managers and funds in their portfolio, choosing to re-up with only a select number of GPs.
And yet, this year’s Global Investor 150 ranking shows that the world’s top LPs are still generally bullish on private equity.
The top 100 investors on this year’s ranking are allocating $2.3 trillion to the asset class – marking an 8.5 percent increase on the $2.12 trillion of private equity allocations seen last year. To reflect this expanding investor universe, Private Equity International ’s Global Investor ranking – previously the GI 100 – has been extended to cover the 150 largest private equity investors in the world.
In total, the 150 investors included on this year’s ranking were allocating $2.54 trillion to the asset class as of 31 December 2023; on average, they have 16 percent of their total assets under management allocated to private equity. To enter this year’s ranking, investors would need to have at least $3.26 billion’s worth of assets committed to the asset class.
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Head to Private Equity International now to see who tops this year's list; find out who has climbed the most spots in the 2024 ranking, plus much more.
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