In Mergers & Acquisitions, Bryan Hunkele, Debra Lussier, Isabel Dische and Laurel FitzPatrick Share Insights on Current State of Fundraising Market

In The News
September 15, 2022

So far in 2022, fundraising efforts have seen a significant drop in allocations, with macroeconomic uncertainty, allocator diversification, industry overcrowding, lack of exits and lack of liquidity as the main reasons for the pullback.

Mergers & Acquisitions cited Ropes & Gray’s latest PErspectives piece in an article about these challenges facing the fundraising market, where Bryan Hunkele, Debra Lussier, Isabel Dische and Laurel FitzPatrick, partners in Ropes & Gray’s asset management practice, shared insight on additional factors at play. They say that a squeeze on liquidity and allocators seeking diversification could be slowing down private equity fundraising. The team believes the drop in public equities and bonds has made private equity a bigger portion of LP portfolios, which may have compelled some to diversify. 

More on the topic in Ropes & Gray’s latest PErspectives piece here.