Private equity fundraising slides as sector’s downturn deepens
Firms are struggling to raise money even as they offer discounts to attract new investors
Firms are struggling to raise money even as they offer discounts to attract new investors

Larger funds’ global share of commitments slides as fundraising winter drags on

Data from investment bank Houlihan Lokey shows 92% opting to cash out

The sector’s pitch has worked but the next challenge is persuading investors to stay

Fundraising by evergreen vehicles has slowed amid worries about exposure to software and AI

Surge of investment has raised concerns about whether advisers adequately explain illiquidity risk

Firms are still struggling to deal with a lack of exits from their investments