There was a noticeable decline in fundraising following the fallout from the COVID-19 pandemic as the second quarter, by many measures, was considerably slower than the first quarter of the year. Though, throughout the second quarter period there was considerable appetite for certain strategies including opportunistic and credit strategies as pricing dislocations drove investor demand.
According to data compiled by Alternatives Watch and analyzed by Allen & Associates, approximately $158 billion was raised across 70 funds in the first half of the year, though noticeably investor appetite was mostly targeted at established GPs, especially . . .
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