iCapital Network: August was another strong month for funds
Other - NOVEMBER 8, 2021

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iCapital Network: August was another strong month for funds

by Andrea Zander

Despite a slowdown in 1031 activity, August was another strong month for funds, according to new data added to iCapital Network and AI Insight’s coverage.

Private equity/debt, hedge funds, 1031s and conservation funds have driven growth year-to-date, while opportunity-zone activity is the only category reporting negative results for the month.

Real estate–related funds, including 1031s, opportunity zones, and non-1031 real estate LLCs and LPs, represent the largest component of the firms’ private-placement coverage, at 68 percent of funds and 61 percent of target raise. Private equity/debt funds comprise a relatively small amount of the coverage, just 16 percent, but account for 28 percent of target raise, even with several funds in the category not reporting a target.

To read the full report, click here.

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