With investor interest in private equity remaining healthy, 2015 has experienced one of the strongest fundraising third quarters since the financial crisis. Despite a slowdown in quarterly fundraising since Q4 2014, the $92.02 billion raised in the quarter surpasses total capital gathered in any third quarter since 2008, bar 2013.
While aggregate capital gathered has risen, the number of funds closed continues to fall. Just 138 funds have closed in the quarter. Investors are entrusting established and specialist managers with their capital, with increasing regularity, at a time when the number of private equity vehicles on the road is higher than ever before. The importance of selecting the right manager for the job is therefore a growing concern for LPs, sparking fiercer competition between fund managers.
In this report, PEI’s Research & Analytics team speaks to Felipe Vilá Gonzalez, Chief Executive Officer of Corporación Mexicana de Inversiones de Capital (Fondo De Fondos), who gives an insight into the private equity market in Latin America. In contrast, we have taken a look at a mature market for the Country in Focus section on page 8, with an analysis of North American energy, oil and gas-focused fundraising.
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