The amount of capital raised by impact-focused funds fell in the first half of this year, but strong underlying appetite means that the lull is likely to be short lived.
Impact investing can complement philanthropy by targeting some of the most pressing challenges we face today, says Global Endowment Management’s Brandon Zeigler.
The alts giant is set to launch BXPE, a dedicated private equity offering for wealthy individuals, in the coming months after it postponed raising capital for the vehicle.
With the acquisition of Abrdn’s Europe PE business, the Brazilian alts giant would have about $9bn of fee-earning AUM to be put to work in mid-market strategies.