November 24, 2025
Closing the MOIC Gap
Fundraising is under pressure, exits are delayed, and traditional value levers are losing power. Private equity is being pushed to rethink how returns are generated and what truly drives outperformance.
In partnership with OC&C, we analysed more than 10,000 private-equity investments to understand what reliably separates top-quartile deals from the rest. The conclusion is clear: outperformance begins with revenue growth. It is the single most powerful lever for value creation, and the most reliable route to a higher exit multiple.
What you’ll get from the report
Why revenue growth - not margin expansion - is the dominant value lever
How to create buy-and-build strategies that actually pay off
What sets top-performing funds apart in today’s market
How a focused sector strategy improves sourcing, deal execution, and exit outcomes
The five actions sponsors must take to close the MOIC gap
The PE firms that focus on real business building, not just financial engineering, are setting themselves up to lead the next cycle.
Ready to see where value is really created today?
Download the full report now.
