Recently Peqin reported historical data on time necessary to raise assets for private equity emerging managers. Here are some highlights:
In the last ten years, since 2011, while fundraising, private equity managers needed 6 to 9 months to get the first allocation. At the first close, managers reached approximately half of their target size. That percentage range from 49% in 2012 to 62% in 2020. Data shows that in 2020 investors were either writing larger initial checks or more invest