Fundraising

While fundraising timelines have stretched, the percentage of funds to have exceeded their target at final close is at its highest level since 2008.

An uptick in the number of funds closing above target belies the fundraising challenges facing a swathe of the industry.

At its new total, Blackstone Capital Partners IX could be only several months away from wrapping up.

The Paris-based manager is set to be back in the market with its sophomore secondaries fund in early 2025, following closes for its flagship and emerging manager funds.

Despite a recent drop in deal activity and fundraising, private equity in the Nordic region has been catching the eyes of investors due to attractive returns.

Healthcare-focused capital raising almost doubled last year as the average fund size soared.

The European mid-market manager gathered almost 40% more for KLAR Partners II than its debut vehicle.

The fund's predecessor, PPC III, closed in 2021 at $2.7bn, was then billed as one of the market’s largest family investment vehicles.

At least four of the 20 largest private equity firms are back in market with flagship funds this year.

The firm has increasingly been raising capital from separate mandates and from individual investors via evergreen products.