Fundraising

Sizeable closes by large funds, including those by Advent International, Insight Partners and KKR, accounted for nearly 40% of capital raised for the period, as the number of vehicles closed sank to its lowest since 2017.

'It is getting harder out there,' president and COO Jonathan Gray said in the firm’s second-quarter 2022 earnings call.

The pioneering environmental investor has raised more than twice as much for its latest private equity fund as for Fund III. It could have raised a lot more, says founder Nino Tronchetti Provera.

Sector-focused firms say they sit in an advantageous position with dry powder to deploy in a rising rate environment.

The firm expects to see a final close on EQT X in 2023, COO Caspar Callerstrom said on EQT's Q2 earnings call.

PE firms will not struggle en masse to raise successor funds. However, it will become clear who has a strategy and who does not.

The firm gathered €1.5bn for its fund dedicated to the strategy, which will mainly target platform acquisitions in mid-market Europe.

During a recession, private equity mega-funds deliver returns similar to those of their peers and with less selection risk for investors.

It’s easier than ever to participate in private markets, though GPs shouldn’t expect individual investors to be the only answer to plugging capital-raising gaps.

LPs have been asking must-have GPs to keep their funds open into the new year, eating into allocations for those planning a return to market in 2023.