Asia-Pacific: Down but not out
The weak first quarter of fundraising is not necessarily a harbinger of things to come.
Fundraising for Asia-Pacific funds in the first quarter was slow – as it has been historically – but the region may be poised to increase its fundraising total, according to PDI data.
Across 2016, 2017 and this year to date, only six funds being raised focused on the geographical area, but as of 31 March, a larger proportion of the funds in market, 8.4 percent, were targeting Asia-Pacific than at the same time in both 2016 and 2017, when the number was 7 percent.