Beating the fundraising blues
Fundraising, even for the large-cap GPs, has been difficult of late.
A handful of GPs, including Carlyle and Apollo Global Management, were forced to reduce their fund targets due to the challenging environment.
Cinven, however, beat the downturn to raise $14.5bn for the Eighth Cinven Fund, reaching its hard-cap. However, the raise wasn’t without its difficulties.
In today’s top story, we catch up with Alexandra Hess, partner and head of investor relations at Cinven, to discuss the GP’s raise.
Hess tells us how a challenging market shapes investors’ mindsets, and expands on the role of fundraising due diligence and the importance of empathy in establishing long-term LP relationships.
Find out more about the fund by clicking on our top story below.
Silvia Iacovcich
Senior Reporter
silvia.iacovcich@realdealsmedia.com