Fundraising Trends Could Be "Significantly Influenced" for Rest of 2024, Stephen Culhane Tells Law360
Stephen Culhane, co-head of the firm's Investment Management practice, was recently quoted in the Law360 article "A Deep Dive Into The Top PE Funds Of 2024's First Half."
According to Culhane, there's potential for fundraising trends to be "significantly influenced" for the rest of the year by the large amount of deployed capital currently held by funds and the strategy and timing of liquidating existing positions.
"Based on trends from the first half of the year, several other key factors are worth considering, such as the reduced impact of interest rates paving the way for a more favorable fundraising environment, the resilience of secondary markets and structured activity, particularly in pooled investment vehicles," he said.
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