World's 100 Largest Private Markets Firms Raised $5.74T in Five Years
PEI Group's new Private Markets 100 report reveals the top 100 managers collectively raised $5.74 trillion from 2021 onward across all major alternative asset classes.
The 100 biggest private markets investment managers raised a combined $5.74 trillion over a five-year span ending in 2026, according to a landmark report released by PEI Group that consolidates multiple alternative asset classes under a single ranking for the first time.
The Private Markets 100 report, published October 9, 2026, measures fundraising across private equity, real estate, infrastructure, private credit and secondaries simultaneously. PEI Group described the effort as a groundbreaking attempt to capture the full scope of institutional capital flowing into private markets rather than measuring each segment in isolation.
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By aggregating five distinct asset classes, the ranking offers a broader picture of which firms dominate institutional investor allocations globally. The combined methodology highlights how the largest managers have expanded beyond single-strategy mandates, competing for capital across multiple alternative investment categories at once.
The sheer scale of capital raised — nearly $5.74 trillion over five years — underscores the sustained institutional appetite for private markets even amid periods of rising interest rates and tightening liquidity that pressured deal volumes and valuations across parts of the industry.
Analysts note that rankings of this kind carry strategic weight, as institutional investors, including pension funds and sovereign wealth funds, often use such lists to benchmark manager selection and concentration risk in their alternatives portfolios. Continue reading at Real Estate.
