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Jonathan Karen Quoted in The Wall Street Journal on Fundraising Market in 2022
07.19.22
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Funds Partner Jonathan Karen was quoted in The Wall Street Journal in an article titled, “Buyout Firms Seek $1 Trillion of New Funding Even as Markets Drop and Deal-Making Dries Up.” The article explored the fundraising market in 2022, noting that there are 2,845 funds currently in the market, which are collectively aiming to raise over $1 trillion in capital (Preqin), including nine sponsors that are targeting more than $20 billion each for their latest funds (Simpson Thacher is advising nearly half of those sponsors). It also analyzed the potential challenges facing the market over the remainder of the year. Jonathan explained that, despite geopolitical concerns and market volatility, large, well-established sponsors remain successful in their fundraising efforts.
To read the full article, please click here (subscription required).