News Digest: The world’s largest asset managers attracted close to 90% of investor dollars.
September 24, 2024
News Digest:
A challenging fundraising environment has intensified competition for a limited pool of investor capital. In this landscape, the largest and most experienced firms have emerged as the clear winners. In 2023, firms with four or more funds under their belt attracted 86% of the total private equity capital raised, marking the highest recorded percentage. This trend continued into the first half of 2024, with these experienced firms raising 88% of the total capital by June.