Business as usual: 44 new investment funds were launched during first quarter 2017
A total of 44 new investment funds were launched during first quarter 2017, making it the sixth consecutive quarter with that number registering 40 or more. As a group, the 44 new funds are seeking to raise approximately $26 billion.
Looking over the last six quarters it seems to be a pattern as the numbers have remained consistent, not only in the number of funds launched but also in fundraising volume.
The Americas strategy dominated the geographic focus with a targeted fundraising volume of $11.3 billions (43.9 percent). Although having the largest targeted fundraising volume, the strategy has the second largest funds launched.
Crow Holdings Capital Partners’ Crow Holdings Realty Partners VIII, a closed-end value-added fund, was launched in February and is seeking to raise $2 billion. The fund will primarily invest in class A