Private equity fundraising in the first half of 2016 was largely unchanged from a year ago, according to data from PEI Research & Analytics.
At 1 July, there were 2,341 private equity funds in or coming to market, targeting a collective $775.9 billion, compared with 2,260 funds aiming for $770.3 billion in the first half of 2015.
Regionally, fundraising was largely flat with capital being targeted in North America rising by more than $20 billion, about 8 percent year-on-year. The exception was Pan-Europe, which leapt 50 percent from $29.3 billion to $45.9 billion.
The economy now faces the uncertainty of Britain’s departure from the European Union and the US presidential election in November, which market professionals predict will cast a shadow over fundraising over the next 12 months.