Bain: 'Long-term outlook for fund-raising remains exceedingly bullish'

While the long-term outlook for fund-raising remains exceedingly bullish, the environment for attracting new capital in 2023 will be considerably less so. For a variety of reasons, LPs are tapped out, and the cash squeeze they are facing will make it difficult to ramp up commitments in the coming months. - Bain, 2023 PE Outlook