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August 20, 2025 20 mins

In this episode, editor-in-chief Bruno Alves sits down with Americas editor Zak Bentley to talk about the fundraising performance of the asset class during the first half of the year.

With more than $134 billion raised for unlisted, closed-end funds, H1 2025 is already better than the whole of 2024. Our discussion delves into how solid the fundraising recovery is, the importance of the mega-funds, how metrics like time on the road have evolved, what fundraising for 2026 could look like, LP appetite, and much more.

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