Through the end of June, we’ve seen a number of experienced managers launch funds, with assets averaging around $200 million. As CEO Jon Caplis discussed withInstitutional Investor, “in this environment, that’s no small feat.”
What do we expect post-pandemic?
While there may be historic examples of spikes in fund launches following economic crises, the prognosis remains less certain this time around – investors set the bar higher these days when it comes to pedigree and experience.