IJInvestor has released its fundraising report for Q1 2021, when 21 funds reached a final close, raising a combined $18 billion.

The year has kicked off on a hopeful note, with faster-than-expected vaccine roll-outs in the US and the UK, and signs that the richer economies have perhaps seen the worst of the economic pain.

On this backdrop, IJInvestor's data and analysis team can report the following findings for the quarter:

• The pace of final closes slowed down last quarter - by that metric it was the slowest Q1 in five years.
• A record 25% of the capital was raised for Asia-Pacific.
• 63% of funds that closed exceeded their initial targets, compared with 73% in the same quarter last year.

To read more about these findings and more, please access the full report HERE.