Impulse equals momentum change: Third quarter numbers at lowest point since third quarter 2014
Last quarter we mentioned that first quarter 2015 saw the highest fundraising volume since third quarter 2008 ($31.9 billion), the highest first quarter total since FundTracker began collecting data in 2007. Second quarter’s $28.4 billion total capital reported by funds holding final closings in April, May or June was the most of any second quarter since 2008. Looking at third quarter 2015 numbers, we can unfortunately see that the $23.9 billion in fundraising is back around the average totals recorded since third quarter 2013.