Sat, Aug 13, 2022
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Infrastructure funds raise $8.4bn in Q3 in dramatic fall from record $44bn in Q3 of 2018

Tuesday, October 15, 2019

Laxman Pai, Opalesque Asia:

Infrastructure fundraising experienced a dramatic slowdown in Q3 2019 compared to the preceding quarter, Preqin data showed.

While 19 funds reached a final close, they secured only $8.4bn collectively, the lowest quarterly figure since Q2 2016. However, across the whole fundraising market, more than $15bn was raised in Q3 2019 by funds holding interim closes.

Only six North America- and five Europe-focused funds held a final close in Q3, raising a combined $2.6bn and $2.3bn respectively.

Just one Asia-focused fund closed, raising $500mn. By contrast, seven funds closed targeting the Rest of World, raising a combined $3.1bn.

More than four out of five funds closed so far this year (83%) were in the market for less than two years, demonstrating the continued institutional demand for infrastructure.

2019 has seen a smaller proportion of funds on the road for more than 25 months, at 17% compared to 23% for 2018.

The involvement of fund managers and investors alike in the non-core segments of the market is demonstrated by the dominance of value-added and opportunistic strategy funds, which raised $2.4bn and $2.3bn respectively, comprising 57% of total capital raised.

241 funds on the road as of the start of Q4

There are a record of 241 funds on the road as of the start of Q4, targeting a combined $200bn in investor commitments.

With total capital targeted up 5% from the start of Q3, it is clear that fund......................

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: ESG exuberance is at all-time highs. But will investors buy?[more]

    As investors increase their focus on mission-based investing, they continue to grapple with ESG and what it means to them. By David Shalom, Director of Capital Introductions at Pershing Innovation. New investment solutions. That's how managers deliver value and attract new inve

  2. Alts managers sitting on over $2.5tn+ of dry powder[more]

    Laxman Pai, Opalesque Asia: In the current rising interest rate environment, investment activity in the private markets has continued to grow, revealed a study. "With alts managers sitting on over $2.5T+ of dry powder and continuing to enjoy premium valuations and interest rates on a prec

  3. Opalesque Exclusive: Hong Kong manager expects additional tailwind in Asian markets[more]

    B. G., Opalesque Geneva: The Asia equity markets have not been at their best so far this year, with the MSCI Asia index down almost 13% YTD, but many managers remain buoyant about the region, as in

  4. Opalesque Exclusive: Emerging markets persist despite headwinds[more]

    Bailey McCann, Opalesque New York: Emerging markets have been under significant pressure since the start of the year, but there are some nascent trends that suggest that things could be getting better. Emerging markets firm Gramercy Fund Management recently released its third quarter outlook and

  5. Opalesque Exclusive: Castle Hall's DiligenceExchange free Transparency Reports cover 100 managers with $10tn of assets[more]

    Matthias Knab, Opalesque for New Managers: Managers and investors can get free access to DiligenceExchange here: https://bit.ly/DXCInfo Castle Hall, the Du