“Whereas it’s nonetheless a difficult financial setting and with quite a few geopolitical issues making fund raising more difficult in some markets, it’s encouraging to see how constructive various fund managers are feeling concerning the yr forward, predicting each larger ranges of fund launches and extra capital being raised general,” Spendiff mentioned.
The arrogance of fund managers to open new funds is an indicator of those outcomes. Within the subsequent 18 months, various fund managers will have the ability to successfully launch new funds, in line with practically all (98%) of respondents, with 52% being extraordinarily assured and 46% being reasonably certain.
Ninety-one p.c of other fund managers consider there will likely be larger various asset fund choices this yr in comparison with 2022, in line with knowledge from Ocorian Fund Companies, which focuses on administering various asset funds internationally. Of them, 28% forecast a considerable enhance, 63% a modest climb, and round one in 12 (8%) consider it will likely be roughly the identical.
Ninety-six p.c of these requested consider that extra funds will likely be raised in 2023 than within the earlier yr, with 40% believing that the rise can be over 25% and 39% believing it will likely be between 10% and 25%. Round 17% suppose there could be as a lot as 10% extra.
Private equity came in first with 73% of respondents, forward of infrastructure (68%), actual property (65%), non-public debt (59%), and hedge funds (49%), as the highest 5 asset courses that various fund managers anticipate would achieve most from fundraising over the approaching 18 months.