Fundraising

Managers hoping to launch a GP stakes strategy may find more luck if they pick a segment or region that is underserved by incumbent players.

Private wealth investors are developing a taste for GP stakes.

Meet up-and-coming fundraising professionals who have been developing their firms' IR functions and forging investor relationships from the Americas to Asia-Pacific.

Private equity firms raised close to $177bn in January-March, with buyout funds accounting for the majority.

Capital raised in Q1 2024 surpassed $176bn, a slight decrease on previous years, according to preliminary quarterly figures from PEI data.

The alts giant recorded $8bn of capital from private wealth, including $2.7bn for its private equity strategy targeting individual investors.

The buyout firm is on a path to reach $1trn in total assets in the next five years.

The firm also closed a large secondary deal that raised about $2.1bn, which the firm combines to consider a total fundraising of more than $24bn, sources told affiliate title Buyouts.

International GPs and LPs increasingly view Japan as one of the hottest growth markets for private equity as it gets lifted by macro tailwinds.

Managers with fast-growing portfolios will be best positioned to navigate the difficult fundraising environment, according to Bain & Co.