Research

DOWNLOAD: Private equity fundraising continues lackluster run in first half

North American private equity funds raised $228bn of capital in the first half, down 26% percent from a year earlier.

-

Click the top right of the report to view full screen.

Buyouts’ H1 2023 fundraising report is now available for download.

North American private equity fundraising declined in the first half of 2023, as protracted LP supply challenges continued to impede market activity.

Buyout, growth equity, venture capital, secondaries and other PE funds raised $228 billion of capital between January and June, down 26 percent from $307 billion secured a year earlier, according to Buyouts data.

Fund closings dropped even more precipitously in this period. A total of 347 vehicles were wrapped up during the first half, down 45 percent from a year earlier.

In Q2 2023 alone, $99 billion was raised, marking a second consecutive quarterly decline in capital inflows. Relative to the first quarter, when $129 billion came into the market, inflows fell 24 percent.

Check out our interactive fundraising report above for all the details or download the full report here and the data here.