Venture capital, private equity and real estate fund managers expect 2024 to be a stronger year for alternatives fund raising, according to Ocorian Fund Services.
The firm asked managers whether they anticipate increased, decreased or flat fund raising. It found 85% of alternatives managers it spoke to predicted an increase in capital raising in 2024 relative to 2023.
They also found nearly one in three forecasted a rise of 50% or more, as well as an increase in the number of fund launches across all alternative asset classes.
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The professionals surveyed pointed to investors’ desire to diversify more as the key reason to expect a ‘bumper 2024’ for these assets.
The study gathered responses from managers in Europe, Asia, the Middle East, North America and the UK.
Ocorian also found notable regional trends, with US-based and Asian managers expressing stronger positive sentiment than European managers.
The full results from the survey are in the table below:
| Asset class | Increase by up to 10% | Increase by between 10% and 25% | Increase by between 25% and 50% | Increase by more than 50% | Stay the same | Decrease |
| Infrastructure | 11% | 19% | 26% | 38% | 3% | 1% |
| Private debt | 10% | 18% | 29% | 38% | 4% | 1% |
| Venture capital | 11% | 22% | 27% | 36% | 3% | 1% |
| Real estate | 14% | 25% | 29% | 26% | 5% | 1% |
| Private equity | 9% | 31% | 33% | 23% | 3% | 1% |
Yegor Lanovenko, co-head of fund services at Ocorian, said: “There is a high level of confidence about the year ahead among alternative fund managers both for their own funds and for the sector as a whole, with different regional sentiments emerging
“This expected surge in capital raising and fund launches turns the spotlight on efficiency and operational excellence, and fund managers increasingly rely on expert support and trusted partners to handle their fund launches and operations at scale.”
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