Funds

Chart of the Week: Private Equity H1 fundraising

Private equity fundraising on course for best year post-crisis. 

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Private equity funds have raised $190 billion in the first six months of 2014, setting them on course to match, if not exceed, 2013’s performance in terms of capital collected.  

  

Historically, more funds close in the second half of any given year, and with some still to announce H1 closings, it looks highly likely 

2014 will be the strongest fundraising year for the asset class since 2008. 

  

The largest fund closed in H1 was AXA Secondary Fund VI, collecting $9 billion.  Michigan State University , RAG Stiftung and Teachers' Retirement System of the City of New York are some of the LPs that committed to the fund.  

  

Funds looking for buyout opportunities remain most popular, collecting $94 billion. However, venture capital fundraising is looking strong .  

  

Successful fundraising was largely driven by North-American focused funds – $78 billion was collected by firms looking for investment opportunities in the region. 

  

2014 is definitely on course to be strongest fundraising year since crisis.