Sun, May 31, 2020
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Private equity funds secure $163bn in Q3 2019, surpassing the $138bn of previous quarter

Monday, October 14, 2019

Laxman Pai, Opalesque Asia:

Appetite for private equity remains strong, despite escalating US-China trade tensions and an impending Brexit.

The third quarter of 2019 saw private equity funds securing $163bn in aggregate capital, far surpassing the $138bn raised in Q2 2019, said Preqin in its quarterly update of private equity.

The number of funds closed has declined significantly though: 260 funds closed compared to 319 in Q2 2019, marking a five-year low in the quarterly number of funds closed.

The concentration of capital among a small number of large funds continues its trend.

Asia-focused funds have rebounded from a fundraising lull in the first half of 2019; 59 funds secured $40bn in investor commitments, surpassing the $38bn raised collectively in Q1 and Q2 2019.

In contrast, 31 Europe-focused funds raised a modest $14bn in Q3 2019, less than half the capital secured in Q2 2019.

Private equity vehicles globally have had successful fundraising for the first three quarters this year.

Among funds closed in Q1-Q3, 34% were in the market for six months or less, and more than half were on the road for less than a year. With more investors committing to experienced fund managers, the larger funds are becoming oversubscribed, allowing the more established GPs to complete their fundraising speedily.

3,637 funds seek an aggregate $751bn as of October 2019

As of October 2019, 3,637 funds are seeking an aggregate of $751bn, compared with 3,7......................

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. Tiger Global tops the list US-based venture capital market[more]

    Laxman Pai, Opalesque Asia: Tiger Global Management holds on to its position as market-leader in US-based venture capital, said a study. According to Preqin, the closure of tech-focused Tiger Global Private Investment Partners XII in January means the New York-based firm has raised more than

  2. Study: Emerging market bond issuers take hit as global recession deepens, The coronavirus pandemic could cost the global economy a nightmarish $82tn over 5 years, a Cambridge study warns[more]

    Emerging market bond issuers take hit as global recession deepens Increasing credit stress evident amongst many high-yield EM non-financial corporates as coronavirus disruption takes its toll, says Moody's. 74 out of 106 rated EM sovereigns have a stable outlook as of 30 April 2020 (compa

  3. Investing: Singer bets on Europe, emerging markets, Britain's unhealthy appetite for financial risk in essential services, How Stan Druckenmiller shook up his portfolio[more]

    Singer bets on Europe, emerging markets From Investment Magazine: William Blair's Brian Singer is looking to invest in Europe and the emerging markets as the recovery from the global economic shutdown to contain the pandemic will likely take longer than what the market has priced in.

  4. PE/VC: How Covid-19 could reshape private equity fundraising, The private equity bet that coronavirus cut short[more]

    How Covid-19 could reshape private equity fundraising From Asian Investor: The pandemic looks may have led to greater use of remote capital-raising but might it also encourage investors to establish more overseas offices? The coronavirus outbreak has inevitably hit the amount of mo

  5. Investing: Millennium hedge fund ups bet against Bank of Ireland, Value rotation was the last thing big funds thought would happen, Al Gore's firm sold Amazon and Microsoft stock. Here's what it bought.[more]

    Millennium hedge fund ups bet against Bank of Ireland From Independent: US hedge fund Millennium International Management has raised its bet against Bank of Ireland's shares. It comes as Davy says 2020 will be a write-off for banks, with losses across Irish lenders of €4bn. M