The first three quarters of 2013 did significantly better with fundraising compared to the same period in 2012. Despite raising four fewer funds, Q1-Q3 2013 collected $52.72 billion more in capital. The top ten funds that held final closes in 2012 raised $66.27 billion. The largest fund to close that year was buyout fund Blackstone Capital Partners VI collecting a massive $16.27 billion. To date, 2013 has raised $79.46 billion from the top ten closed funds. CVC European Equity Partners VI, Warburg Pincus Private Equity XI and Silver Lake Partners IV all collected more than $10 billion worth of capital each.
With less than two months of the year left, fundraising will continue to rise. There are many funds on the road that are close to reaching a target and in some cases, exceeding them. Court Square Capital Partners III hit their target of $3 billion in May and will be looking to hold a final close by the end of the year. Also anticipated to hold a final close before the year end is the Riverside Capital Appreciation Fund VI, having already raised $180 million more than its original target of $1.3 billion.