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International PE Funds outperform Asian Funds

Most recent reports from Preqin showed that there was a reduction in the general fundraising tasks by private equity funds based in Asia.

The second quarter saw a total amount of US$ 9 billion being raised by Oriental funds with the KKR fund accounting for US$ 6 billion, the same quantity raised by the Oriental region in the second quarter of 2012.

 

This indicated that internationally the Asian area accounted for less than 10 % of the US$ 122 billion raised in the 2nd quarter which is a jump from the US$ 90 billion raised in the second quarter of last year. In comparison to Asia, the North American area doubled the amount it gathered in the Quarter two of 2012. Quarter 2 of 2013 tape-recorded an overall collection of US$ 67 billion in comparison with US$ 38 billion at the same time in 2012. The European market raised US$ 32 billion compared with the US$ 17 billion raised at the same time in 2012.

On comparing all the Personal Equity funds that enclosed the 2nd quarter, KKR was at number 6 with US$ 6 billion and Warburg Pincus Private Equity XI was at leading with US$ 11.2 billion, just short of their US$ 12 billion target.

Taking a look at funds targeting the property market, there was a total of US$ 17 billion raised internationally compared with the US$ 6 billion raised in the first quarter and the US$ 7 billion raised in the second quarter of 2012. Funds that bought Asia raised US$ 1.2 billion with the Citic Capital being fund the most significant in Asia and providing at number six across the globe. The list was goinged by Lone Star Fund VIII which purchases American, European and the Japanese home markets with US$ 5 billion raised.

According to Preqin, the data clearly reveals that financiers are now re-establishing their rely on the global real estate market which is now being considereded a long-term financial investment.

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