After a year of pandemic-driven turbulence, private markets fundraising rebounded to new heights. Fundraising was up by nearly 20 percent year over year to reach a record of almost $1.2 trillion. Growth in North America (22 percent) was particularly fast, outpacing both Europe (17 percent) and Asia (13 percent).

Onward and upward

To read the report, see “McKinsey’s Private Markets Annual Review,” March 24, 2022.