Private capital is at an inflection point. Fundraising is longer, and more competitive than ever.
- Median PE fundraising timelines have stretched from 14 to 19 months in just two years (+35%, Preqin).
- ~90% of LPs report receiving GP extension requests, a signal of tighter capital and deeper diligence (Coller Capital).
- Global fundraising volumes fell 35% in Q1 2025, with closings down 34% (Paul Weiss).
New regulations, including the SEC’s Form PF update (June 2025), now demand more granular, event-driven reporting. For GPs, the pressure is real. Every extra month on the road compresses IRR and gives rivals more time to court the same LPs. LPs, facing their own liquidity constraints, demand sharper differentiation, real-time transparency, and operational discipline from the very first meeting. Performance matters, but process now defines perception.