Fundraising remained weak at end of Q3

Chart

Tough market conditions, especially in Europe, saw fundraising struggle through the first nine months of the year.

Fundraising has been subdued throughout 2023 and, while activity did pick up in the third quarter, it was not enough to make up for an exceptionally poor H1, with just over $150 billion raised in the first nine months of the year, the lowest since 2016.