WAYNE, PA – Renovus Capital Partners (“Renovus”), a Philadelphia-area buyout firm focused on founder-owned businesses in the Knowledge & Talent industries, has been recognized for the third consecutive year as the top performer on the HEC-Dow Jones Small-Cap Private Equity Performance Ranking. Renovus achieved the highest performance score over more than 600 hundred private equity firms analyzed in the study.
Now in its fourth year, the HEC-Dow Jones ranking is based on a quantitative performance analysis of the world’s top private equity firms over a 10-year period. HEC analyzed comprehensive performance data from 649 private equity firms and the 2,662 funds they raised between 2011 and 2020 with aggregate equity volume of $2.29Tn.
“We’re honored to be recognized as the top small-cap buyout private equity fund for the third year in a row,” said Atif Gilani, Founding Partner of Renovus. “This achievement is a direct result of our team’s dedication and the incredible leadership of our portfolio companies. We’re proud of what we’ve accomplished together, and we’re excited for what lies ahead.”
Founding Partner Jesse Serventi added, “We’re grateful for the trust our investors have shown in us. The Renovus team is energized by our progress and optimistic about the opportunities ahead. With the momentum we’ve built, we believe the best is yet to come, and we look forward to continuing this journey together.”
Read the details of the study here.
About the Study
This ranking is the opinion of the party conferring the ranking and not of Renovus. The 2024 HEC-Dow Jones Private Equity Performance Ranking, published on April 3, 2025, was based on funds raised between 2011 and 2020. Rankings based on data compiled from Preqin or sourced from PE firms using a proprietary methodology that calculates aggregate performance of a PE firm across vintage years and considers relative and absolute returns. Renovus Capital Partners did not provide any compensation to HEC Paris-Dow Jones to be included in the study. There can be no assurance that other providers or surveys would reach the same conclusion as the foregoing.