Publications

- Second Quarter 2021

To read this full article you need to be subscribed to IREI.Q Fundraising Reports

What a difference a year makes

by Larry Gray

At this time last year, readers of this publication were marveling at the fundraising total recorded during the second quarter 2020; 37 funds registered final closings totaling $45.3 billion, the fourth-highest quarterly total ever recorded in this 15-year data series.

Fast forward to second quarter 2021, and the fundraising picture was pretty much turned upside down. A total of 35 fund closings raised an aggregate of $18.6 billion, the third-lowest quarterly total in the past seven-plus years. In addition, the second quarter total was down 35 percent from the previous quarter’s fundraising volume of $28.4 billion.

The Q2/2021 total ranks as one of the lowest second quarter totals since data collection started in 2007, with only 2009 ($11.0 billion), 2011 ($11.5 billion), 2012 ($9.5 billion) and 2013 ($18.2 billion) recording lower figures.

The H1/2021 fundraising total of $47.0 billion was 29 percent lower than the H1/2020 total of $65.9 bil

Forgot your username or password?

We use cookies and other tracking technologies to personalize your user experience on our site and perform site analytics. By clicking on “I accept”, you consent to our Privacy Policy.