The London-based private equity (PE) firm Hg recorded a combined fund raising sum of over 50 billion U.S. dollars between 2019 and 2024, making it the leading PE company in the United Kingdom (UK) in terms of fund raising capacity. Second in the ranking was Permira Advisers, with total funds raised amounting to 37 billion U.S. dollars during the same period.
Private equity is provision of capital from private or institutional investors, with the participation of companies (private equity firms) for a limited time in order to generate a financial return. Fund raising refers to the raising of funds from private equity investors in an institutional, industrial or private capacity.