2025年全球私募股权报告 Global Private Equity Report 2025（英）-贝恩

Global Private Equity Report 2025Net Promoter®, NPS®, NPS Prism®, and the NPS-related emoticons are registered trademarks of Bain & Company, Inc., NICE Systems, Inc., and Fred Reichheld. Net Promoter ScoreSM and Net Promoter SystemSM are service marks of Bain & Company, Inc., NICE Systems, Inc., and Fred Reichheld. Copyright © 2025 Bain & Company, Inc. All rights reserved.About Bain & Company’s Private Equity businessBain & Company is the leading consulting partner to the private equity (PE) industry and its stakeholders. PE con-sulting at Bain has grown eightfold over the past 15 years and now represents about one-third of the firm’s global business. We maintain a global network of more than 2,000 experienced professionals serving PE clients. Our prac-tice is more than triple the size of the next-largest consulting company serving PE firms.Bain’s work with PE firms spans fund types, including buyout, infrastructure, real estate, and debt. We also work with hedge funds, as well as many of the most prominent institutional investors, including sovereign wealth funds, pension funds, endowments, and family investment offices. We support our clients across a broad range of objectives:Deal generation. We work alongside investors to develop the right investment thesis and enhance deal flow by pro-filing industries, screening targets, and devising a plan to approach targets.Due diligence. We help support better deal decisions by performing integrated due diligence, assessing revenue growth and cost-reduction opportunities to determine a target’s full potential, and providing a post-acquisition agenda.Immediate post-acquisition. After an acquisition, we support the pursuit of rapid returns by developing strategic blueprints for acquired companies, leading workshops that align management with strategic priorities, and di-recting focused initiatives. Ongoing value addition. During the ownership phase, we help increase the value of portfolio companies by supporting revenue enhancement and cost-reduction initiatives and refreshing their value-creation plans.Exit. We help ensure that investors maximize returns by preparing for exit, identifying the optimal exit strategy, pre-paring the selling documents, and prequalifying buyers.Firm strategy and operations. We help PE firms develop distinctive ways to achieve continued excellence by devising dif-ferentiated strategies, maximizing investment capabilities, developing sector specialization and intelligence, enhanc-ing fund-raising, improving organizational design and decision making, and enlisting top talent.Institutional investor strategy. We help institutional investors develop best-in-class investment programs across as-set classes, including private equity, infrastructure, and real estate. Topics we address cover asset class allocation, portfo-lio construction and manager selection, governance and risk management, and organizational design and decision making. We also help institutional investors expand th