
Pitchbook Names NEXT Investors a Top 10 Private Equity / Growth Expansion Fund for 2024

We’re pleased to announce that NEXT Investors has been ranked in the Top 10 Global Private Equity Growth/Expansion Managers in PitchBook’s 2024 Global Manager Performance Score League Tables.
This recognition puts NEXT in the top decile of more than 100 growth equity fund families analyzed globally, with a recognition reserved for only the highest-performing firms in the asset class.
“I think this recognition affirms what our partners and portfolio companies understand about NEXT – that we bring deep domain expertise, rigorous discipline, and a differentiated approach to investing in financial services technology. We’re honored to receive this recognition and remain focused on identifying growth stories and partnering with exceptional founders.”
- Greg Grimaldi, Managing Partner, NEXT Investors
About the Ranking
PitchBook’s Global Manager Performance Score League Tables offer an objective, data-driven assessment of private capital fund managers. The Score does not rely on simple quartile rankings. It reflects a comprehensive evaluation of each fund family’s historical track record—including fund-level IRRs, benchmark outperformance, fund maturity, and distribution activity—normalized across vintage years.
Read more about NEXT’s recognition, and Pitchbook’s methodology, here.
Disclosures
Past performance is not indicative of future results. Reference to an award is only one piece of information relevant to an evaluation of an investment adviser such as NEXT Investors and should not be construed as an endorsement. Recognition presented herein is from third parties that are not affiliated with NEXT Investors, and these third parties independently assess firms’ submitted performance based on multiple criteria. NEXT Investors did not provide cash or non-cash compensation directly or indirectly in connection with obtaining or distributing this ranking. This award was created and tabulated by HEC Paris and includes performance data from 278 growth capital firms and the 505 funds they raised between 2011 and 2020. This ranking was published on 5/12/2025 with NEXT Investors performance data as of 12/31/2024, and may not reflect important information related to an evaluation of the investment adviser, which has occurred prior to, or subsequent to, the award and may not be representative of a particular investor’s return. There is no guarantee that other rankings would reach the same conclusions of NEXT Investors.