On the Growing Importance of Funds of Funds

This month’s Prequin Private Equity Spotlight focuses on private equity funds of funds and their growth in popularity as both investment vehicles and investors. According to the report, which you can download below:

Fund of funds managers have become increasingly significant (as investors in buyout funds), growing from making up 16% of the average fund in 2008 to 22% in 2009.

And as a choice of investment, fundraising for new fund of funds vehicles has dropped in capital terms from previous years, but their size relative to the rest of the market increased in 2009.

Download the full report here: PE Spotlight December 2009