Private Equity funds in excess of $1 billion saw their fundraising rise by 4% over the first 9 months of 2023, to $233.5 billion.
This is according to Pension & Investments, which points out that buyout funds top the list at $145.2 billion. Altaroc Pension & Investments invests in a number of specialized buyout managers, including Apax, Seven2, Nordic CapitalHg Capital, Bridgepoint, Accel-KKR as well as STG and Cressey.
By comparison, over the same period in 2022, these funds raised $223.6 billion.
In times of crisis and economic uncertainty, funds in excess of one billion dollars represent a safe and reassuring investment for investors. This is a strategy that Altaroc has followed since its inception, investing each year with managers whose funds raise at least $1 billion.
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