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Bridgepoint hits €28B fundraising target three months early

What's the deal? BridgepointDealroom has a profile for this one. Try Dealroom → has reached its €28 billion fundraising goal for its latest capital raising cycle, hitting the target ahead of schedule. The private equity firm cited strong performance at ECPDealroom has a profile for this one. Try Dealroom → as a driver behind an upgrade to its profit outlook.

Why now? The milestone lands three months ahead of the firm's own timetable, a notable pace in a market where fundraising has slowed for many managers.

The signal: Hitting a target this size early signals that investor appetite for established large-cap managers remains intact, even as the wider private equity industry contends with a tougher capital-raising environment.

Read more: altassets.net

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