Sun, Nov 29, 2015
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. Other Voices: Hedge fund marketing and the selling cycle[more]

    By Bruce Frumerman. How long is the selling cycle now? That’s a question my financial communications and sales marketing consulting firm has been asked on a regular basis by hedge fund firm owners and sales people, ever since we opened the doors to our firm in 1987 pre-crash. Wa

  2. People - Solus Alternative Asset Management adds chief strategist from BTIG[more]

    From Daniel Greenhaus joined hedge fund manager Solus Alternative Asset Management as managing director and chief strategist. He will work closely with Chris Bondy, Solus’ chief economist, managing director and executive vice president, said Chris Pucillo, CEO and chief investmen

  3. Opalesque Roundtable: Seeding deal terms can be onerous for hedge funds[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: Executives from fund of funds firms, family offices, a placement agent, a private equity firm, and an accounting firm gathered in Connecticut last month for the

  4. Opalesque Roundtable: Family offices flock to co-investment[more]

    Bailey McCann, Opalesque New York: Co-investments have been a hot topic for pension funds in recent years, as they try to move away from high fees and improve transparency. But now, family offices are more readily getting into the mix and establishing in-house deal teams, according to the delega

  5. More institutional investors invest in CTAs compared to last year despite dissatisfaction with performance[more]

    Benedicte Gravrand, Opalesque Geneva: "Despite a strong start to 2015 for CTAs in Q1, commodity market conditions have made return generation difficult for fund managers over much of the rest of the year to date," says Preqin’s November