Rede named Fundraising Adviser of the Year at The Drawdown Awards 2023
We are proud to have been awarded Fundraising Adviser Of The Year at The Drawdown Awards 2023.
The award recognises our achievements over the calendar year 2022. During this period, Rede Partners was proud to reach the milestone of €100bn raised for our clients since inception. We raised a total of €24.5bn in aggregate across 12 funds holding final closes in 2022, including two of the largest funds in Europe over the year: Nordic Capital Fund XI, which raised €9bn, and Hg's Saturn 3, which raised €11bn. Both funds closed significantly above target. Against a challenging fundraising backdrop, we are delighted that the hard work, commitment and excellence of our team over the year has been recognised.
During 2022 we also continued to build out our global capabilities, with the launch of our Asia business in Hong Kong and the opening of our fourth office in Amsterdam. At the end of 2022, Rede launched its LP platform RedeWire. The platform, which is accessible on an invitation-only basis to institutional investors within Rede's network, has been developed to enable LPs to access up-to-date information about Rede's clients and funds.
Across the market, decision makers increasingly rely on our industry barometer, the Rede Liquidity Index, now widely recognised as a leading indicator of fundraising sentiment. We also published our inaugural Private Credit Report, giving a detailed view of LP sentiment toward the private credit market. Finally, we were delighted to welcome over 600 participants to our second RedeConnect virtual conference in April, broadcasting original webinar content, panel discussions and exclusive presentations by Rede GPs to over 200 LPs at small group ‘roundtable’ meetings.
