(Opalesque) Natural resources fundraising throughout 2019 has been lackluster, and Q3 2019 was no exception. Only 18 funds held a final close, bringing the year-to-date total to 79 funds closed, said Preqin quarterly update on natural resources.
The total capital raised by these funds also experienced a pullback compared to past quarters: $8.2bn was secured in the worst fundraising quarter in over five years.