Tue, Jun 19, 2018
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Private equity fundraising on course for best year post-crisis

Wednesday, July 02, 2014

Komfie Manalo, Opalesque Asia:

Private equity funds have raised $190bn in the first six months of 2014, setting them on course to match, if not exceed, 2013’s performance in terms of capital collected, according to PEI Alternative Insight.

PEI said funds globally pooled some $420bn in 2013, the highest figure since fundraising was hit by the financial crisis in 2008.

Historically, more funds close in the second half of any given year, and with some still to announce H1 closings, it looks highly likely 2014 will be the strongest fundraising year for the asset class since 2008.

Dan Gunner, Director of Research and Analytics, PEI said, "At the midway point of 2014, we are witnessing a private equity fundraising world in good health, in most parts of the world. We are particularly seeing Asia-focused private equity picking up again, and investors keen on opportunities in Africa."

Other highlights of the study showed:

• The largest fund closed in H1 was AXA Secondary Fund VI, collecting $9bn • Funds looking for buyout opportunities remain most popular, collecting $94bn. However, venture capital fundraising is looking strong • Successful fundraising was largely driven by North-American focused funds - $78bn was collected by firms looking for investment opportunities in the region.

Gunner went on to say, "Another significant trend has been towards investors seeking greater control over their invest......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. North America - George Soros: 'Everything that could go wrong has gone wrong'[more]

    From Marketwatch.com: George Soros, tell us how you really feel. 'Everything that could go wrong has gone wrong. [Trump] is willing to destroy the world.' The 87-year-old billionaire clearly isn't shy about expressing his generally liberal views and distaste for Trump's "America First" platform,

  2. Paper: The performance of stocks actively pitched by hedge funds[more]

    Using a novel dataset drawn from investment conferences from 2008 to 2013, I show that hedge funds take advantage of the publicity of these conferences to strategically release their book information to drive market demand. Specifically, hedge funds sell pitched stocks after the conferences to ta

  3. North America - US fundraising for special purpose acquisition vehicles hits record this year[more]

    From AFR.com: Special purpose acquisition vehicles (spacs) are hitting the US market at the fastest rate on record, attracting the likes of Goldman Sachs and hedge fund investor Daniel Loeb for the two largest such deals in 2018. Spacs have raised $US4.5bn so far in 2018, the largest amount fo

  4. Investing - Man Group and AQR try to take aim at private equity industry, Hedge funds poised to be winners in AT&T-Time Warner deal[more]

    Man Group and AQR try to take aim at private equity industry From FT.com: The popularity of private equity investments has prompted asset managers such as Man Group and AQR to devise strategies that aim to replicate PE returns but at a much lower cost to investors. Both companies a

  5. News Briefs: David Stemerman's hedge fund holdings shrank before his run for governor, nvestment manager TSW triggers succession plan, Alan Howard joins Peter Thiel investing in Cologne-based fintech startup[more]

    David Stemerman's hedge fund holdings shrank before his run for governor But the U.S. holdings of Stemerman's Greenwich hedge fund, Conatus Capital, shrank from $2.6 billion at the apex to just over $1 billion before he announced his move into politics. (Hartford Courant) Inv