Fundraising

Fundraising down at half time – updated

Fundraising has fallen since 2017, but 2018 could still be an exceptional year.

PIMCO raises almost $700m for commercial real estate debt vehicle

The fund’s commercial focus differs from its predecessors, which targeted an array of assets.

Why has distressed fundraising boomed?

Distressed debt fundraising has fallen back, but 2017 saw unprecedented activity.

Fundraising exec Mancer leaves Ardian – exclusive

Yacine Mancer, credited with raising a substantial amount of capital from the Middle East, has departed the firm where he spent more than seven years.

Who raised 2018’s largest funds?

We look at the breakdown of the biggest fund closes this year.

Multi-region strategies lead the way

Global strategies are the most popular with investors.

Apollo holds $2.2bn first close on hybrid debt-equity fund

The firm expects to hold a final close on its Hybrid Value Fund, which is targeting $3bn, by year-end.

Ares raises $1.4bn for debut US direct lending private fund

The southern California-based alternative lender raised $11.4bn for its credit platform, aided by the close of its latest European direct lending fund.

Cheyne hits hard cap with $800m for real estate debt

Cheyne’s latest vehicle is 80% invested with a greater focus on senior debt funds.