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The Private Equity Fundraising Runway Gets Extended: The Big Point

Professor Glenn A. Okun

The Rabid Capitalist: The Big Point is a brief summary of a detailed note available to paid subscribers.

Raising a private equity fund has become an exercise in intestinal fortitude.  The time required now exceeds eighteen months, the longest in over a decade.  Capital market conditions as well as private equity funds’ performance have created this challenge.

Fundraising has become problematic.  Although the time required has increased, the likelihood of success has declined as fund closings have largely been limited to established players’ large vehicles.

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