Of the 305 private equity funds that reached final close so far this year, 153 primarily focus on investing in North America. These 153 funds accounted for 63% of the aggregate capital raised worldwide for the year to date. Funds focusing on Asia and Rest of World accounted for 16% of aggregate capital raised globally, while European focused funds accounted for 21%.
In terms of the 1554 private equity vehicles currently raising capital, Preqin data reveals that 700 funds seeking capital commitments of USD 272 billion are focused on investment in the US. There are 483 funds focussed on investment in Asia and Rest of World that are currently seeking USD 164 billion in capital commitments, fractionally larger than private equity vehicles currently raising with a focus on European investment which are currently seeking commitments of USD 128 billion for a total of 371 vehicles.
Data from Preqin’s Funds in Market product shows that of the funds to have reached a final close in 2010, the US focussed Real Estate Turnaround Consortium was one of the largest so far this year with committed capital of USD 5.5 billion. The largest Asia and Rest of World focused fund which has reached a final close in 2010 is the Morgan Stanley Real Estate Fund VII Global fund with USD 4.7 billion in capital raised followed by the European-focussed Triton Fund III fund which has raised USD 3.2 billion.
For more Preqin research and analysis , see this month's Private Equity Spotlight. If you are interested in receiving Preqin’s Private Equity Spotlight for free, please sign up.