Western Europe

More than 100 defence and security strategies are raising capital – or preparing to do so – in the region, with mid-market specialists offering the best potential returns, according to the European Investment Fund and a new report from Rede Partners.

In today's edition, Why the US midterms could spell trouble for private funds; Secondaries fundraising dips; Matching individual investors with UK private assets.

As durations extend, the game has changed for investors in private equity buyout strategies, writes Wil Warren, partner and president of Lexington Partners.

The smallest fund managers are having the hardest time disposing of ageing assets, according to PEI Group’s latest quarterly fund performance report.

Private equity funds raised in recent years hold far more undeployed capital than earlier vintages at the same stage in their life, PEI Group data shows.

Europe has proven comparatively resilient, while venture capital – especially in Asia-Pacific – continues to bear the brunt of the industry’s fundraising slowdown.

Read our full report for details of the 100 firms that make the ranking as well as our insight and analysis of each constituent asset class: private equity, private credit, infrastructure, real estate and secondaries.

The firm started raising the strategy in Q2 and aims to reach final close by Q1 next year as more funds emerge in this space, Private Equity International has learned.

The £108bn pension pool expanded its private markets portfolio during the financial year ending 31 March, with co-investment remaining a key area of focus, according to its latest annual report.