LONDON, March 25, 2021 – As part of the Private Equity Wire European Awards, Dyal Capital has been named “Best Growth Manager” for 2021.
Compiled in conjunction with Bloomberg, the Private Equity Wire European Awards 2021 recognize excellence and leadership among private equity fund managers and service providers in Europe across a range of categories.
As the publication describes, “Voted for by participants within the private equity industry itself, the Private Equity Wire Awards are a valuable mark of recognition and respect among peers, advisors, and counterparties – highlighting the achievements and successes of the leaders in a vibrant and highly competitive industry.” The award was presented at Private Equity Wire’s virtual ceremony on March 25.
Michael Rees, Head of Dyal Capital said, “We’re honored to be recognized in this year’s European awards – and our sincere thanks to PE Wire, our Partner Managers and Dyal investors.”
As part of this year’s awards, Dyal has been included in the ‘European GP Insights 2021’ special report, featuring an interview with Michael Rees on the rise of non-flagship funds offered by large institutional managers.
Launched in 2007, Private Equity Wire publishes PE news and features for LPs and GPs as well as their service providers, issuing daily news over its website as well as features, reports, research, awards and events for the global PE industry.
Private Equity Wire – Methodology for Award
The pre-selection data for the GP fund manager shortlists was provided by Bloomberg. Candidates in all categories and asset size groupings were determined as follows:
1. The fund manager universe included all funds managed by European-domiciled GPs.
2. All funds in each category were grouped into their respective vintages and ranked on the basis of their net IRR.
3. For the performance categories, fund vintages from 2013 to 2018 were analysed.
4. All GPs that had more than one fund ranked among the top performers across these multiple vintages within any category were shortlisted.
5. For all categories, the minimum fund size was set at $100 million.
6. For the asset band groupings, asset thresholds were based on the respective individual fund sizes – not the overall assets under management of the GP in that category.
7. For the fundraising categories, GPs were ranked on the total assets raised in each respective strategy category for 2019 and 2020 vintage funds.
8. For all categories, the minimum fund size was set at $100 million.
9. For the asset band groupings, asset thresholds were based on the respective individual fund sizes – not the overall assets under management of the GP in that category.
Industry Accolades
Accolades are independently determined and awarded by their respective publications. Accolades can be based on a variety of criteria including recognition by peers, demonstrated leadership, strategy innovation, deal making skills and more. Neither Blue Owl nor its employees pay a fee in exchange for these ratings. Past performance is no guarantee of future results.