United States Fundraising

In 2015, deal activity and fundraising were strong in North America, Europe and Asia, but the year ended with uncertainty in the face of declining growth in China, Brazil and other developing and emerging markets. Nevertheless, private equity will continue to play an important role in global financial markets. As the industry becomes more geographically diverse, private equity professionals need guidance from local practitioners on raising money and closing deals in multiple jurisdictions. With this need in mind, The Private Equity Review, published by Law Business Research Ltd., provides observations and advice on private equity dealmaking and fundraising in 29 jurisdictions. In the United States Fundraising chapter, partner Joseph A. Smith and former Schulte lawyer Conrad Axelrod provide an overview of the current U.S. private equity fundraising landscape. Partner David M. Cohen and associate Elie Zolty assisted in the preparation of this chapter.