1. THE ITALIAN PRIVATE EQUITY AND VENTURE CAPITAL MARKET
I SEMESTER 2018

2. 2
Agenda
Fundraising
Investments
Divestments

3. Evolution of fundraising activity (Euro Mln)3
Evolution of fundraising activity (Euro Mln)

4. 4
Evolution of fundraising activity: annual vs I semester 2018 (Euro Mln)

5. Fundraising activity by source in the I semester 2018 (Euro Mln)5
Fundraising activity by source in the I semester 2018 (Euro Mln)

6. New funds raised on the market (Euro Mln)6
New funds raised on the market (Euro Mln)

7. Distribution by sources of new funds raised on the market7
Distribution by sources of new funds raised on the market
Note: for I semester 2018, the analysis refers to 96% of market fundraising for which data are available

8. Funds raised on the market by geographical distribution8
Funds raised on the market by geographical distribution
Note: for I semester 2018, the analysis refers to 96% of market fundraising for which data are available

9. Fundraising expected allocation9
Fundraising expected allocation

10. 10
Agenda
Fundraising
Investments
Divestments

11. Evolution of investment activity per semester11
Evolution of investment activity per semester

12. Evolution of annual investment activity vs I semester 201812
Evolution of annual investment activity vs I semester 2018

13. Invested amount by deal size13
Invested amount by deal size
* Investments with an amount included between 150 and 300 Euro Mln (large deal) or more than 300 Euro Mln (mega deal)
Note: statistics based on companies financed (in case of syndicated deals, the amount considered is the sum of all private equity investments in that company)

14. Investments distribution by stage in I semester 201814
Investments distribution by stage in I semester 2018

15. Investments distribution by type of player in I semester 201815
Investments distribution by type of player in I semester 2018

16. Average invested amount by stage in I semester 201816
Average invested amount by stage in I semester 2018

17. 17
Average invested amount by stage excluding large and mega deals in the I semester 2018

18. Evolution of initial and follow on investments by number18
Evolution of initial and follow on investments by number

19. Geographical distribution of investments by number in I semester 201819
Geographical distribution of investments by number in I semester 2018
Italy 94%

20. Geographical distribution of investments by amount in I semester 2018
Italy 100%

21. Regional distribution of investments by number in I semester 201821
Regional distribution of investments by number in I semester 2018

22. 22
Distribution of investments by target companies’ employees in I semester 2018 (number)
SME 80%

23. 23
Distribution of investments by target companies’ turnover in I semester 2018 (number)
SME 75%
Note: turnover classes are expressed in Euro Mln

24. Distribution of investments by sector in I semester 2018 (number)24
Distribution of investments by sector in I semester 2018 (number)

25. % of investments in high-tech companies by amount and number25
% of investments in high-tech companies by amount and number

26. 26
Distribution of investments in high-tech companies by sector in I semester 2018 (number)

27. 27
Agenda
Fundraising
Investments
Divestments

28. Evolution of divestment activity28
Evolution of divestment activity

29. Evolution of divestment activity: annual vs. I semester 201829
Evolution of divestment activity: annual vs. I semester 2018

30. Distribution of divestments by way out in I semester 201830
Distribution of divestments by way out in I semester 2018
Note: «Other» cluster includes write offs

31. 31
Distribution of divestments by original investment in I semester 2018 (amount)

32. 32
Distribution of divestments by original investment in I semester 2018 (number)

33. THE ITALIAN PRIVATE EQUITY AND VENTURE CAPITAL MARKET
I SEMESTER 2018