Fundraising

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.

‘We have a broader scope than most other energy funds, which lets us dynamically adapt to real time changes in the environment to cherry pick the best opportunities,’ Foley told Buyouts.

Capital raising appears poised to surpass by year-end the $580bn secured by North America-based PE funds in 2025.

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

The target size for Audax Private Equity Fund VIII represents a 19% increase from capital raised by its 2023-vintage predecessor.

A third of LPs are planning to increase their allocation to the region over the next 12-24 months, according to Campbell Lutyens' latest APAC report.

Expected to be a durable opportunity for the foreseeable future, DPI trades are being actively pursued by hybrid strategies.

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

The lower mid-market is ‘structurally superior to the upper mid-market/mega-cap private equity market,’ managing partner Rob Wolfson told Buyouts.