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Private Equity Capabilities

Connected to the core

Supporting companies and our clients through our network of relationships, integrated research, and a reputation as an experienced late-stage investor.

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At a Glance

$21.9B

USD of total invested in private companies*

279

total private company investments*

17

years investing in private companies1

Connectivity is vital to delivering better outcomes in private equity.

We work to identify, assess and actively contribute to the growth of next-generation companies.

Nurtured networks uncover investment opportunities

As one of the most active, prominent managers of small- and mid-cap equities in the world, we have built connections with institutions, corporations, and thought leaders that put our team at the forefront of emerging investment opportunities.

Panoramic insights enrich company evaluations

By fully integrating our global research teams, we can draw on specialized investment professionals to stay connected, strengthening our understanding of both public and private markets and advancing our ability to assess companies with true growth potential.

Credible capital has made us a valuable partner

For nearly two decades, clients have counted on us to be stewards of their private equity investments, while company leaders have sought our connection to capital and ongoing guidance to help them scale and succeed.

Partnering with companies to maximize their chance of success.

See how we’ve sought to help companies, and ultimately our clients, succeed.

CASE STUDY

Redwood Materials 

Private equity funding drives the domestic EV battery supply chain.

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Insights from our research as we make connections across the private equity market.

Nov 2024 On the Horizon

Weaker growth and lower rates set to open up private markets

Shifting conditions should create new opportunities in private credit and private equity.
By  David M. DiPietro
2025 Global Market Outlook

Investing during transition

The world is undergoing transition at a pace and scale rarely seen before. Although this may seem daunting, we believe it will bring with it an opportunity set of a breadth and richness not seen since the aftermath of the global financial crisis.

Our investments

We've helped some of the world's most prominent companies grow. This is just a sample of our active and exited investments.

ABL Space Systems company logo
Canva company logo
Cross River Bank company logo
Databricks company logo
Evolve company logo
Gusto, Inc. company logo
Jetti Resources company logo
company logo of Patreon
Redwood Materials company logo
National Resilience company logo
Stripe, Inc. company logo
Torchy's Tacos company logo

Learn more about our private equity capabilities.

Connect with us to put our connections to work for you.

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Important Information

*Data as of September 30, 2024 unless otherwise stated.

Data include all commingled funds and separate accounts that contain privates–comprising all privates advised by T. Rowe Price Associates, Inc. (TRPA), and T. Rowe Price Investment Management, Inc. (TRPIM).

1Data shown represent an aggregate of T. Rowe Price private equity investments experience from May 2007 to October 2024. The investments were managed and held within various non-private equity T. Rowe Price investment vehicles. Information shown is intended to reflect on the firm’s long‐standing experience in the private equity space and does not reflect the management in a discrete private equity portfolio.

The trademarks shown are the property of their respective owners. T. Rowe Price is not endorsed, sponsored, or otherwise authorized by or affiliated with any of the trademark owners represented by these trademarks.

This material is being furnished for general informational purposes only. The material does not constitute or undertake to give advice of any nature. Prospective investors are recommended to seek independent legal, financial, and tax advice before making any investment decision. Past performance is not a reliable indicator of future performance. All investments are subject to risk.

The material does not constitute a distribution, an offer, an invitation, a personal or general recommendation, or solicitation to sell or buy any securities in any jurisdiction or to conduct any particular investment activity. The material has not been reviewed by any regulatory authority in any jurisdiction. Information and opinions presented have been obtained or derived from sources believed to be reliable and current; however, we cannot guarantee the sources' accuracy or completeness. There is no guarantee that any forecasts made will come to pass. The views contained herein are as of the date noted on the material and are subject to change without notice; these views may differ from those of other T. Rowe Price group companies and/or associates. Under no circumstances should the material, in whole or in part, be copied or redistributed without consent from T. Rowe Price.

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