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.
- 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.