John Bakie
Fundraising bounced back in Q3 with average fund size continuing to increase, according to the latest PDI Fundraising Report.
Amid challenging market conditions, smaller businesses have put growth plans on hold. But as things begin to stabilise, capital providers are confident of seeing increased demand.
The strategy will aim to exploit growing demand for fund finance among the private equity industry.
The fund is a direct follow up to its 2018 vehicle and will continue to back mid-market American companies.
RoundShield closes its fifth fund on $1.01bn, surpassing its target, as it eyes opportunities in European asset-backed private credit across real asset sectors.
The fund is thought to be one of the largest ever raised for private debt investment in Europe.
The fund is backed by a joint venture between Park Square and Sumitomo Mutsui Banking Corporation.
The retailisation of private markets appears to be gathering speed in 2024 as major regulatory changes help widen access to products traditionally dominated by institutional investors.
The Singaporean investor has raised its second private debt fund due to strong opportunities identified in the region.
Everyone wants to get involved with private debt these days, but that includes the regulators.