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Francisco Partners Recognized by HEC Paris-DowJones as a Top Performer in 2023

News and Awards — Feb 06, 2024

Francisco Partners (“FP”) announced today that HEC Paris Business School and DowJones has ranked the firm as a top performer in the 2023 HEC Paris-Dow Jones Large Buyout Performance Ranking. Ranked #3 on the list for the second straight year, Francisco Partners is the only firm to have been ranked among the top three for the last four consecutive years.

“We are proud to be recognized by HEC-DowJones as one of the top-performing PE firms with a performance ranking that is 2.10 standard deviations above average,” said Dipanjan “DJ” Deb, Co-Founder and CEO of Francisco Partners. “We are also grateful to our portfolio company employees for helping us deliver these results, our limited partners for their continued support and our employees for their efforts. With our firm focused on continuous improvement, we will work tirelessly to continue to deliver strong returns for our investors.”

The HEC Paris-DowJones Private Equity Performance Ranking is an annual quantitative performance ranking created by HEC Paris Business School and DowJones and is authored by HEC Paris strategy professor Oliver Gottschalg. For the 2023 rankings, HEC analyzed performance data from 632 PE firms and the 1,241 funds they raised between 2010 and 2019 with an aggregate equity volume of $2.18 trillion.

*For further detail on the ranking, including the study’s methodology, please see the complete performance rankings, published February 6, 2024: Such ranking is the opinion of the respective parties conducting the ranking, and is not representative of any client experience including because it reflects an average. Past performance and such ranking are not indicative or a guarantee of future results. This ranking analyzed aggregate performance based on buyout funds raised between 2010 and 2019 (2023 study), 2009 and 2018 (2022 study), 2008 and 2017 (2021 study), and 2007 and 2016 (2020 study) by managers who had raised at least $5 billion (2023 study) and $3 billion (2022-2020 studies) in aggregate, had 10 observation years (sum of the age of all funds), and had at least two funds raised 2010-2019 (2023 study), 2009-2018 (2022 study), 2008-2017 (2021 study), and 2007-2016 (2020 study) with full performance available. The criteria were applied to 632 (2023 study), 563 (2022 study), 517 (2021 study), and 529 (2020 study) private equity firms which reported performance to HEC or for which Preqin data was available, resulting in a ranking of 101 firms (2023 study), 75 firms (2022 study), 64 firms (2021 study), and 102 firms (2020 study). FP did not provide compensation in connection with obtaining or using its ranking. Such rankings should not be considered an endorsement of FP. There can be no assurance other surveys would reach the same conclusions as the foregoing.