It's a challenging period for emerging managers in private equity, reported chief investment officer.
Private equity emerging managers have closed approximately 15 funds in 2023 with a total $12.7 billion in committed capital, the article states, using Pitchbook data. And according to data from HFR, 146 new funds launched in first quarter 2024, the highest quarterly launch figure since 2022.
The environment for launching new funds has become more difficult, and as the cost of launching new funds has grown the pool of potential inv
