Fundraising

More capital is going into the hands of the biggest funds, and yet according to research shared with PEI, LPs are turning their attention to the lower end of the market.

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.

EQT X has amassed €19.8bn as of 30 September and is expected to exceed its target of €20bn at final close.

New LPs joined and existing ones reupped in a process that allowed the European firm to 'test the water' ahead of an ambitious fundraise plan for next year.

The South and Southeast Asia specialist collected $700m for Fund V in December 2022.

PEI spoke with Aware Super’s global head of private equity, Jenny Newmarch, about the pension’s appetite for emerging managers, increasing its direct investments, and the decision to open its first office outside of Australia in London.

A confluence of factors is driving interest in infrastructure secondaries.

The survey, which compiled responses from 101 senior buyout, growth, private debt, VC, real estate and infrastructure executives globally, found a smaller number in market than a year prior.

Our latest investor report suggests private equity’s fundraising slowdown will continue for the foreseeable future.