Has private equity fundraising hit bottom?

After roughly two years of slowdown, has private equity fundraising found its bottom?

In the early months of 2024, market activity hit is lowest ebb in several years. According to Buyouts data released this week , North American private equity funds raised $88 billion of capital in the first quarter, down 34 percent from $133 billion a year earlier.

This represents the weakest capital inflows on a quarterly basis since 2022, when the downturn got underway. It also marks the first time inflows have fallen below $100 billion since the pandemic-roiled market of 2020.

In addition, the number of fund closings, totaling 276 in Q1 2024, reached their lowest point on a quarterly basis in at least five years.

Are we at the bottom? Find out in the full article .