Getting to Yes - Successful PE Fundraising in a Challenging Environment

In the past decade, fundraising in PE has undergone dynamic developments. Historically, fundraising developed very well until a steep decline in 2008 due to the financial crisis. A recovery phase followed this trend in 2010. A low-interest environment, paired with the transformation of several firms, such as KKR and Blackstone, into core private market players, favoured strong historical fundraising growth and boosted fundraising activities in Europe until the early 2020s.

The overall fundraising in Europe has averaged at around EUR 50bn, with buyouts accounting for over 80% of total allocated assets. Caused by the global financial crisis, fundraising records of EUR 112bn in 2006 plummeted to EUR 16bn in 2009. Since then, PE fundraising has experienced continuous growth until 2021, amounting to over EUR 134.1bn.

Unlocking the Path to Profitability: Navigating the Dynamic Landscape of Private Equity Investments 

Analyzing the deal-making process between private equity firms and target companies, to produce value for the former’s investors.

Private equity deals occur daily and are of significant value, with the average buyout being above $1 billion since 2021. But what exactly are the stages leading up to such a deal? This article will layout the 12 stages, which can broadly be categorized into sourcing, preliminary due diligence, negotiation of terms and valuation, structuring of the transaction, drafting of legal documents, signing and closing the deal, and pos-closing activities, such as integration and management of the acquired company.