OutsTAAnding performance
TA Associates Management will be waiting for their laurel crown and gold medal following confirmation they generated the best returns for investors in 2022. This is according to the annual HEC¬-DowJones Private Equity Performance Rankings which features more than 560 large PE firms. That the tech-focused PE/VC firm are top of the charts is an impressive achievement at a time when some investors may have concerns over tech deals and valuations. But given that four of the top five performing firms this year have as much exposure to technology, media and telecommunications as any other sector, seems to suggest that there is still plenty of value to unlock. TA Associates are the leaders of the pack, and should be congratulated. But there will be plenty of other GPs looking to steal their glory and earn their own position on the winners’ podium next year.