Fri, Apr 19, 2024
A A A
Welcome Guest
Free Trial RSS pod
Get FREE trial access to our award winning publications
Alternative Market Briefing

Private equity & venture capital total capital raised in Q1 2020 was up 12% on Q1 2019

Friday, April 10, 2020

Laxman Pai, Opalesque Asia:

Amid the global economic disruption caused by the COVID-19 pandemic, although total capital raised in Q1 2020 was up 12% on Q1 2019, the number of private equity & venture capital (PEVC) funds closed marks one of the lowest quarterly totals we have seen in recent years, said a study.

Total capital raised is consistent with cyclical trends, but capital sits with fewer managers and in the most developed markets, said Preqin.

"Q1 private equity fundraising typically wakes slowly before its crescendo later in the year. The start of 2020, though, was met with considerable headwinds for the global economy as it faced the fallout from the COVID-19 pandemic," Preqin said in its Quarterly Update: Private Equity & Venture Capital Q1 2020.

The effect on global fundraising has been muted. In total, $133bn was raised across 267 funds in Q1 2020.

Although both the number of funds and amount of capital raised fell compared with Q4 2019 by 32% and 29% respectively, these are not far out of line with Q4 to Q1 moves in prior years.

Total capital committed exceeded Q1 2019 levels despite fewer funds closing.

Private equity investors favored developed markets over Asia and the rest of the World. North America- and Europe-focused funds together captured more than 89% of the aggregate capital raised globally in Q1 2020, representing 209 of the 267 funds closed.

After rebounding into Q3 2019 with $46bn in commitments, Asia-focused funds failed......................

To view our full article Click here

Previous Opalesque Exclusives                                  
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. KKR raises $6.4bn for the largest pan-Asia infrastructure fund[more]

    Laxman Pai, Opalesque Asia: The New York-based global investment firm KKR has raised a record $6.4bn for its second Asia-focused infrastructure fund, underlining investors' continued appetite for private markets. According to a media release from the alternative assets manager, the figure top

  2. Bucking the trend, top hedge fund makes plans for a second SPAC[more]

    From Institutional Investor: SPACs aren't dead. At least not to the folks at Cormorant Asset Management. The life sciences firm, whose hedge fund topped its peers in 2023, is confident it will match the success of its first blank-check company. Last week, the life sciences and biopharma speciali

  3. Benefit Street Partners closes fifth fund on $4.7 billion[more]

    Bailey McCann, Opalesque New York: Benefit Street Partners has closed its fifth flagship direct lending vehicle, BSP Debt Fund V, with $4.7 billion of investable capital across the strategy. Benefit Street invests primarily in privately originated, floating rate, senior secured loans. The fun

  4. 4 hedge fund themes that are working in 2024[more]

    From The Street: A poor earnings report from Tesla (TSLA) has not hurt the indexes on Thursday. The decline in Tesla stock, which is losing its position in the Magnificent Seven pantheon, is more than offset by strong earnings from IBM (IBM) and ServiceNow (NOW) . In addition, the much higher-t

  5. Opalesque Exclusive: A global macro fund eyes opportunities in bonds[more]

    Bailey McCann, Opalesque New York for New Managers: Munich-based ThirdYear Capital rebounded in 2023, following a tough year for global macro. The firm's flagship ART Global Macro strategy finished the year up 1