In an evolving fundraising environment, our Q3 newsletter explores the drivers behind the growth of emerging managers and how this growth is reshaping investor allocations and fund strategies.

As LPs grow more selective in today’s market, a key factor driving the emergence of these managers is the rapid increase in LP allocations to first-time funds, with these investors prioritising support for new blood within our industry.

Other key themes explored in the newsletter include the growth of anchor and seed portfolios, the rise of diversity allocations, and the strategic use of co-investments within portfolios.