M&A Research: Global

Data from eFront, the world’s leading alternative investment management software and solutions provider, shows that since the start of 2013, distributions from private equity secondaries funds globally have risen steadily to a record level. At the same time, capital calls have fallen to an historic low.

Following a slow start to the year, fundraising for unlisted infrastructure funds has picked up significantly; the quarter saw $37bn raised, representing the highest quarterly total in the past five years.

The private real estate market struggled in Q3 2018: the amount of capital raised fell for the fourth successive quarter, and fewer deals were completed compared with Q3 2017.

This comprehensive academic research paper studies the effect of corporate cultural similarity on merger decisions and outcomes.

Hedge funds stumbled again in the third quarter of the year, with a return of 0.64% revealing a drop from the previous quarter’s result.