Chart of the Week: GPs surpassing targets

Since 2011 GPs have been raising more than their target on aggregate.



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LP confidence has been rising since 2011 as their willingness to invest has increased. After the financial crisis of 2008 GPs had consistently raised less than their target amounts showing the lack of confidence amongst LPs.

Private Equity International’s fundraising numbers reveal that in the first half of this year GPs have raised $193.33 billion, surpassing their fundraising targets by $21.92 billion.

Lexington Capital Partners VII was the largest fund to close in 2011 securing $2 billion more that its target of $5 billion. During H1 2014, Axa Secondary Fund VI targeted $4 billion but managed to hold a final close at $9 billion.