Can Europe close the fundraising gap?
Our fundraising data show North America pulling clear as the favourite investor destination. However, Europe’s relative decline may not be long-lasting.
Over the last couple of weeks in this column, we have reflected on a couple of the key themes arising from our Q1 2021 fundraising data. The first was the headline fundraising figure, which showed no immediate recovery from the subdued environment that prevailed last year. The second was that senior debt funds were bucking the downward trend, accounting for nearly half of all fundraising in the first quarter compared with an average since 2016 of around a third of the total.