Chart of the Week: Monthly Fundraising

After a quiet summer, the capital raised for private equity funds has picked up pace. 




The capital raised in August was the lowest of the year, with only $18.3 billion being raised from 35 funds. Lone Star Fund IX was the largest fund to close at $7.4 billion.

In October, $40.1 billion was raised from 55 funds, one and half times more than in the previous month. Centerbridge Capital Partners III was the largest fund to close in October securing $6 billion in capital commitments. The fund launched in July this year and surpassed its target of $5.75 billion within the three months. Arizona Public Safety Personnel Retirement System, Rhode Island State Treasury and San Francisco Employees' Retirement System are some of the LPs that have committed to the fund.

November should also see high levels of fundraising too. Earlier this week, Hellman & Friedman closed its Capital Partners VIII at $10.9 billion. The fund launched in April this year and had a target of $8.9 billion.