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PE Fundraising Trends in First Quarter: Preqin

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April 11, 2013

More PE funds are on the fundraising trail than the same period last year. As of April 2013, there are 1,914 private equity funds on the road aiming to raise USD 797 billion, an increase compared to January 2012 when 1,845 funds were seeking USD 758 billion, according to the latest research from Preqin.

 

The outlook for continued robust fundraising looks good for the rest of the year, according to the report. The majority of institutional investors still remain positive towards private equity, says the report, with 76% of investors planning to commit either the same amount of capital or more to private equity funds in 2013 than 2012. A further 10% expect to return to the asset class in 2013, having made no new commitments in 2012, says Preqin.

 

Buyout funds continue to dominate as the favorite for PE capital. Distressed private equity fundraising decreased significantly in Q1 2013, with eight funds closed raising an aggregate USD 1.6bn, compared to 13 funds that raised USD14.2bn in Q1 2012. (Image source: Preqin)

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