Highlights
- Global fundraising continued at a robust pace. Mega and large cap buyout funds benefited from strong investor interest in the asset class supported by sizeable allocations from large investors.
- Buyout investments surged as markets across the Atlantic saw the largest buyout deals since 2008. In Asia-Pacific, buyout activity in Australia was a bright spot as GPs capitalized on improving macroeconomic prospects in the region.
- Market volatility curtailed public market exit activity. Exits to trade and financial buyers remained relatively robust.
- Venture investment continued to build on last year’s strong momentum, with late stage companies attracting a large level of capital from non-venture capital funds. Quick deployment of capital by venture funds resulted in an accelerated fundraising pace with many experienced GPs returning to the market after a stellar 2016.
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