Fundraising Report

Aggregate capital raised by private equity funds hit $516.9bn, the second-highest Q1-Q3 total on record, according to PEI data.

A total of 417 buyout, growth equity, venture capital and other PE vehicles in North America secured nearly $255bn in H1 2022, according to Buyouts’ data, down 18% from a year earlier.

Fundraising in the first half of 2022 fell, yet both the number of funds seeking to raise capital and the volume of capital they are targeting have hit a record.

Fundraising results in Q1 reverse a trend of major post-pandemic growth. Last year saw the second-highest amount secured on record: more than $503bn.

Funds in market are seeking an almost 70% increase from the same time last year, according to PEI's latest quarterly fundraising report.

Nearly $475bn of fresh capital was secured by 854 buyout, growth equity, venture capital and other PE vehicles in 2021, up 19% from $399bn raised a year earlier, according to Buyouts’ data.

With some $733bn amassed across strategies, PE fundraising showed high resilience in a year rocked by ongoing pandemic disruption.

Nearly $361bn was raised by 617 buyout, growth equity, venture capital and other PE funds at the end of September. In dollar terms, this surpasses activity in the first three quarters of all previous years.

The 10 largest funds to have closed in the first three quarters of 2021 amassed $143bn between them, $40bn more than in the equivalent period last year.

North American PE firms raised more capital in H1 2021 than in any other first-half period since the financial crisis.