Capital Raising 2026
An overview of emerging fundraising mechanisms and institutional investor expectations for 2026.
The investment criteria of private equity funds and institutional investors have shifted significantly since 2023. This market study synthesises current expectations around profitability, governance and ESG trajectory, based on interviews with around thirty asset management firms.
« Growth alone no longer convinces an investment committee: management quality makes the difference. »
SFDS Research · Studies & Insights teamManagement quality, revenue recurrence and business model resilience now take precedence over growth momentum alone. We detail the assessment grid applied by the investors interviewed.
After several years of high multiples, investors are showing renewed valuation discipline. This section presents the multiple levels observed by sector and deal size.
Discover our full analysis, data, recommendations and perspectives.