Jan. 31, 2020

Although global fundraising volume dropped in 2019, the pace at which many firms launched new funds was busier than ever. Professionals from some half-dozen placement agents share their thoughts on the fundraising process past, present and future.

“Finding a new private-equity manager used to feel like discovering the best dish at the best-kept secret restaurant in a neighborhood. However, during the last two years, the market feels like an ‘all you can eat’ buffet with too much choice and perhaps a little short on quality.”

—Jennifer Cho Rinehart, Chief Executive, Acalyx Advisors Inc.