Key Takeaways
- • TPG raised its annual fundraising target and expects a firm-record fundraising total this year, according to the Wall Street Journal.
- • Ares Management says fundraising and dealmaking are picking up again after a slowdown in the third quarter.
- • Both firms signal a potential turn in a difficult year for alternative asset managers.
Summary
TPG has raised its annual fundraising target and now expects to see a firm-record fundraising haul, according to a Wall Street Journal report by Maria Armental. The announcement comes in a tough year for alternatives managers, and the upward revision signals confidence in investor demand for the firm's private capital strategies. The primary source does not disclose the revised target figure or the composition of expected commitments.
Ares Management also sees signs of recovery. Per a Wall Street Journal report by Isaac Taylor, the firm says fundraising and dealmaking are picking up again after slowing during the third quarter. Ares has remained bullish despite the broader slowdown, positioning the update as evidence that activity is returning to the private markets.
The newsletter also referenced Apollo-backed Brightspeed facing a potential bankruptcy filing, though the primary source provides limited detail on that situation. Taken together, the two fundraising updates suggest that managers are seeing improving conditions heading into the close of 2026, although the source material offers few specific figures to quantify the pace of the recovery.
Ares Management also sees signs of recovery. Per a Wall Street Journal report by Isaac Taylor, the firm says fundraising and dealmaking are picking up again after slowing during the third quarter. Ares has remained bullish despite the broader slowdown, positioning the update as evidence that activity is returning to the private markets.
The newsletter also referenced Apollo-backed Brightspeed facing a potential bankruptcy filing, though the primary source provides limited detail on that situation. Taken together, the two fundraising updates suggest that managers are seeing improving conditions heading into the close of 2026, although the source material offers few specific figures to quantify the pace of the recovery.
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