The sharp slowdown in capital raised globally is now in its second year, with all but one global region reporting muted activity, according to the ANREV / INREV / NCREIF Capital Raising Survey 2025.
Key highlights include:
- Capital raised for the Asian Pacific strategies increased by 80% between 2023 and 2024, its highest result to date.
- Capital sources became increasingly fragmented, as managers looked for alternative sources of capital.
- Non-listed funds drew roughly 60% of the capital raised for European strategies.
- Insurance companies and pension funds were ahead as the primary sources of capital for global strategies.
Download the infographic, snapshot, report and chartbook below for a detailed analysis.
Capital Raising Survey 2025
Published on 23 Apr 2024