Private markets managers expect sharp fall in fundraising and distributions this year

While the overall outlook for 2020 is negative, there are sharp variations depending on manager strategy.

Private markets fund managers expect fundraising to fall by almost 20 percent in 2020 as a result of the coronavirus crisis, according to research by Setter Capital.

Setter surveyed 72 managers of private markets funds to get their views on the likely effects of the crisis and found they expect fundraising to be down by around 18.5