More than half of private equity executives feel that competition for deals is increasing compared to the first half of the year, a survey by the trade group Private Equity Growth Capital Council shows.
Fifty-four percent feel competition is increasing, while another 43% of private equity executives indicated they thought competition was the same as in the first half of 2014, with 3% stating that competition is decreasing.
Some 42% of survey respondents said the number of investment targets their team is considering is increasing, while 41% indicated it is the same as in the first half of the year.
The Private Equity Decision Makers Survey is an online poll conducted Oct. 30 to Nov. 21 by research company Research Now on behalf of the Private Equity Growth Capital Council. A sample of 117 U.S. mid- to senior-level private equity executives who play a role in the day-to-day management of funds, and help make strategic investment decisions, were interviewed.
