by Robert A. Stanger & Co.
Despite short-term choppiness in fundraising, year-to-date 2022 alternative investment fundraising totaled $69.3 billion through July, a 95 percent increase over the same period of 2021, led by NAV REITs at $23.6 billion, non-traded BDCs at $17.1 billion, interval funds at $15.5 billion, and Delaware Statutory Trusts at $6.0 billion, according to Robert A. Stanger & Co.
Blackstone raised $23.3 billion in the alternative investment space year-to-date, including BREIT with $14.2 billion and its perpetual-life BDC, Blackstone Private Credit Fund (BCRED), with $9 billion. Other year-to-date 2022 top fundraisers are Blue Owl Capital ($3.4 billion in BDCs and $3.2 billion in private placements), Cliffwater ($4.6 billion in interval funds), Starwood Capital ($3.9 billion – SREIT), Apollo Global Management ($2.0 billion BDC and $1.1 billion interval funds) and Bluerock Capital ($2.7 billion primarily interval funds