IPEM Allocation and Fundraising Trend Report 2027

The private markets industry is entering a new investment cycle, with LPs increasingly focused on diversification, alpha generation and demonstrable value creation, as return expectations come under pressure. This report from Criticaleye Partner AlixPartners, in collaboration with IPEM, analyses allocation and fundraising trends based on data from IPEM Global 2026 attendees, representing more than 1,200 funds.
 
Key takeaways include:

• More than €114 billion to be allocated in the next 12 months by LPs in attendance at IPEM Global 2026
• Fundraising timelines continue to be extended, with fewer funds expected to hold a first close in the next 12 months
• 74 percent of LPs will look for funds in the US next year