PDI Picks – 10/7/2019

Q3 fundraising holds up
though number of funds closed falls


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2017’s massive total of $239bn appears to be more of an aberration than a new norm.

Fundraising activity in the third quarter of this year is set to match 2018 levels as appetite for the asset class holds steady.

Preliminary figures for the PDI Q3 2019 Fundraising Report show total fundraising in the first nine months of the year reached $112.7 billion, slightly below the $114.9 billion raised in the same period last year.