European megafunds are on track for another record fundraising year
Europe is on track for another record year of private equity fundraising for megafunds, which remains a major driver of European PE fundraising overall. However, vehicles are taking longer to close.
In our latest analyst note, PitchBook’s Nicolas Moura breaks down why European megafunds show some outperformance over non-megafunds from a long-term perspective, while outperformance is marginal with quarterly returns.
Table of contents
| Key takeaways | 1 |
| Introduction | 2 |
| Shorter timelines and higher step-ups for megafunds | 2 |
| How fundraising differences affect cash flows | 8 |
| Megafund performance | 10 |
| Methodology | 15 |
