Challenges in fund raising today

Fund raising has improved tremendously over the years since the financial crisis mainly because institutional investors that used to invest in fixed income products are looking more and more at alternative investment products nowadays.

Patricia Volhard, Partner at Debevoise & Plimpton LLP, says we are now at a peak for fund raising in private equity funds. And although the regulatory environment remains the main challenge for PE funds, professionals got used to the new requirements under AIFMD and improvements had been done over the last years.

“Many non-European fund managers are setting up structures in Europe and Luxembourg in particular and that helps a lot to do their fund raising because they can benefit from the European passport”, she says.