RCS - Spectrum Equity - Spectrum Equity Ranks #3 Top Growth Equity Firm
30/05/2023 08:15
For best results when printing this announcement, please click on link below: http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20230530:nRSd8946Aa&default-theme=true RNS Number : 8946A Spectrum Equity 30 May 2023 Inaugural performance ranking of 208 growth capital firms by highly respected HEC Paris-DowJones BOSTON, MA / ACCESSWIRE / May 30, 2023 / Spectrum Equity (https://pr.report/FqJNLdTs) is the #3 top-performing growth equity firm on the 2023 HEC Paris-DowJones Growth Capital Performance Ranking of Growth Capital Funds. The ranking highlights the best-performing growth equity firms globally across funds raised between 2009 to 2018. "We are honored to be recognized among the top 2% of all firms evaluated," said Chris Mitchell, Managing Director of Spectrum Equity. "Our placement is a testament to the Spectrum team's dedication to working closely with our portfolio companies to unlock their full growth potential. We're also incredibly grateful for our investors' unwavering support. Their confidence in our strategy allows us to continue to do what we've done best for nearly 30 years - identify attractive, dynamic businesses, help them scale to become category leaders, and create enduring value for investors, customers, and employees." For 14 years, HEC has analyzed the performance of buyout-focused private equity funds producing a highly respected annual ranking of top-performing funds. Due to the growing importance of the growth equity asset class, HEC has quantitatively analyzed performance data from 208 growth capital firms across 390 funds raised over a decade period to produce the inaugural ranking of the top 20 global growth equity firms. The analysis is led by Professor Oliver Gottschalg, who has developed a methodology that aggregates performance across vintage years and considers relative and absolute net fund returns. For further detail on the ranking, including the study's methodology, please see the complete performance ranking here (https://pr.report/dscVWo7n) . Disclaimer: Recognition presented herein is from third parties that are not affiliated with Spectrum Equity, and these third parties independently assess firms' submitted performance based on multiple criteria. Spectrum Equity did not provide cash or non-cash compensation directly or indirectly in connection with obtaining or distributing this ranking. Past performance and such ranking are not a guarantee of future results. There is no guarantee that other rankings would reach the same conclusions. An award may not be representative of a particular investor's return. About Spectrum Equity Spectrum Equity is a leading growth equity firm providing capital and strategic support to innovative companies in the information economy. Since 1994, the firm has partnered with proven entrepreneurs and management teams to build long-term value in market-leading internet-enabled software and data services companies. Representative investments include AllTrails, Ancestry, Bats Global Markets, BMI, Definitive Healthcare, GoodRx, Grubhub, Lucid Software, Lynda.com, OffSec, OTA Insight, SurveyMonkey, Trintech, Verafin and World-Check. For more information, including a complete list of portfolio investments, visit www.spectrumequity.com (https://pr.report/dUj6EGyv) . Contact Information Lucy Byrd Communications Manager lbyrd@spectrumequity.com (mailto:lbyrd@spectrumequity.com) 617-464-5995 SOURCE: Spectrum Equity This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com (mailto:rns@lseg.com) or visit www.rns.com (http://www.rns.com/) . RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy) . END NRANKCBNOBKDNPB