Chart of the Week: Total Capital Raised by Strategy H1 2014

Debt fundraising leads 2014 at the halfway point

 COW 7-9 411x 

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Data from PERE Research & Analytics has revealed that a total of $56.3 billion was raised in the first half of 2014, through a total of 101 fund closings. This represents a dip from H2 2013, where a total of $65.5 billion was raised through 115 funds. However, it is an improvement from H1 2013, where a total of $51.5 billion was raised, an increase of about 10%.

Debt fundraising led all other strategies so far in 2014, with a fundraising total of $18.6 billion. This represents roughly above a third of total capital raised for the 1st half of 2014. The largest debt funds closed for the period was the PIMCO BRAVO Fund II, managed by Pacific Investment Management Co., which close on $5.5 billion in Q1 2014 and the Kildare European Partners I, managed by Kildare Partners, with a close of $2 billion this past May.

Opportunity funds had dipped since H2 2013, where it raised the most capital for the period at $26.3 billion. Nevertheless, opportunity funds make a significant portion of total fundraising for H2 2014, representing just below a third of total capital. The largest opportunity fund closed for the period was the Blackstone Real Estate Partners Europe IV, managed by The Blackstone Group, which raised $7.01 billion this past March.