Alternative fund launches set to rise

More than eight in ten European alternative fund managers remain optimistic about fund launches and capital raising over the next 18 months, according to Ocorian. 

The specialist fund administrator’s survey of 100 alternative fund managers revealed 81% of managers expect levels of fundraising will be higher over the next 18 months. 

Despite the optimism, fund managers remain cautious, with 69% predicting “slightly higher” levels of fundraising, whereas only 12% of fund managers believe levels of fundraising will be “dramatically higher” over the next 18 months compared to the previous 18-month period.

According to Ocorian, almost all (98%) fund managers are confident in the ability of alternative managers to successfully launch new funds in the next 18 months.  

Paul Spendiff, head of business development of fund services at Ocorian, said: “While it’s still a challenging economic environment and with a number of geopolitical issues making fundraising more difficult in some markets, it’s encouraging to see how positive alternative fund managers are feeling about the year ahead, predicting both higher levels of fund launches, and more capital being raised overall.”

Throughout 2022 the number of fund launches and amount of capital raised reached the lowest levels seen for many years.  

Nearly three-quarters (73%) of fund managers expect private equity to benefit the most from fundraising over the next 18 months.  

© 2023 funds europe 

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