Francisco Partners Recognized by HEC Paris-Dow Jones for Continued Market-Leading Performance in 2021*
Press Releases — Jan 25, 2022
Francisco Partners Ranked a Top Performer in the 2021 HEC Paris-Dow Jones Private Equity Performance Ranking, Scoring 2.95 Standard Deviations Above the Mean.
Francisco Partners is proud to have been recognized as a top performer on the HEC Paris-Dow Jones Private Equity Performance Ranking for a second year in a row. The ranking is based on an annual quantitative performance analysis of private equity firms over a 10-year period.
In 2021, Francisco Partners ranked as the #2 top performer on the HEC analysis with a performance score of 2.95 standard deviations above the average, which represents a 0.55 standard deviation improvement over 2020. Francisco Partners was ranked as the #1 top performer in 2020 with a score that was 2.40 standard deviations above the average.
“We are grateful to once again be recognized by HEC-Dow Jones as one of the top performing private equity firms of the decade. We are grateful to all our investors for their continued support and to our colleagues and management teams across our portfolio companies who have directly contributed to the strong performance we have achieved,” said Dipanjan “DJ” Deb, Co-Founder and CEO of Francisco Partners. “We are driven by our core value of continuous improvement and will remain focused and disciplined to deliver top tier returns for our investors in the future.”
The HEC Paris-Dow Jones Private Equity Performance Ranking is an annual quantitative performance ranking created by HEC Paris Professor Oliver Gottschalg to analyze the aggregate performance of buyout funds based on their performance for investors. The study screens over 500 private equity firms each year and calculates the aggregate performance of qualifying firms based on an evaluation of six components including realized and unrealized IRR, Cash DPI, and TVPI, each an absolute basis and relative to vintage year score.
For further detail on the ranking, please see the complete performance rankings.
*2021 HEC Paris-Dow Jones Large Buyout Private Equity Performance Rankings. For more information, including the study’s methodology, please visit https://go.mjhudson.com/l/902201/2022-01-24/5q4jy/902201/1643039429yqk4ZC8B/2021_HEC_Paris_Dow_Jones_Large_Buyout_PE_Performance_Rankings.pdf. This ranking analyzed aggregate performance based on buyout funds raised between 2008 and 2017 (2021 study) & 2007 and 2016 (2020 study) by managers who had raised at least $3 billion in aggregate, had 10 observation years (sum of the age of all funds) and had at least two funds raised 2008-2017 (2021 study) & 2007-2016 (2020 study) with full performance available. The criteria were applied to 517 (2021 study) & 529 (2020 study) private equity firms which reported performance to HEC or for which Preqin data was available, resulting in a ranking of 64 firms (2021 study) & 102 firms (2020 study). Such ranking is not representative of any client experience because it reflects an average. Past performance and such ranking are not indicative or a guarantee of future results.