The firm expects each of its funds to be larger than their predecessors, as it experiences ‘nice momentum’ across fundraising campaigns, according to its latest earnings.
Alts now account for nearly one-fifth of the firm’s $1.37trn assets under management, driven by manager acquisitions and inflows from the wealth channel.
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.
Climate continues to be a key focus for impact investors, both as a targeted investment area and as a broader impact lens.
Impact investing can complement philanthropy by targeting some of the most pressing challenges we face today, says Global Endowment Management’s Brandon Zeigler.
Eight slides that look at the amount of private equity capital raised between January and end-September and what the figures show.
Megafunds raised between Q1-Q3 this year include vehicles by CVC Capital Partners, Apollo, Permira and Warburg Pincus.
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.
The French asset manager will seek at least €1bn for its debut semiconductor fund, PEI understands.
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.