CapitalFormation
In-cycle access to the allocators, family offices and institutions deploying against your mandate, each with dated evidence.
- 01Issuers
- VC · PE · Credit · Real estate · Startups · Sponsors
- 02Allocators
- Family offices · Institutions · Wealth platforms · Funds of funds
- 03Evidence
- A comparable commitment this cycle
- 04Delivery
- Meetings booked, not lists sent
Most fundraising lists record who allocated once. Ours record who is allocating now.
Quantiverse reads the public record of allocation (commitments, filings, announcements) for the investors deploying into your strategy this cycle, confirms fit and the decision-maker by hand, and books the conversation.
Of private capital raised in H1 2026 went to funds over $1bn, up from 59.1% in 2021
Fewer private funds closed in the year to June 2026; capital raised fell 12.7%
Single-family offices worldwide, 3,180 of them in North America
US state and local public pension systems, holding $5.99tn
Fund counts are falling faster than dollars
Across every private-markets strategy, the number of funds reaching a close is falling much faster than the capital raised. Fewer managers are being funded, and those that are tend to be larger and established.
For an emerging or mid-sized manager that means fewer allocators with room, and more competition for each of them. A list built from historic commitments overstates the field.
Six kinds of raise, one method
The method is the same for every raise. Who can invest, how much, and where their deployment shows up first differ by issuer, so each has its own page.
Venture Capital Funds
Limited partners deploying into your stage and sector, for emerging and established managers.
- Typical raise
- Fund I–IV, $20–500m
Private Equity Funds
Allocators with capacity for your strategy in a market where capital concentrates in the largest managers.
- Typical raise
- Lower and mid-market buyout
Private Credit Funds
Insurers, pensions, family offices and wealth channels building credit allocations.
- Typical raise
- Direct lending, ABF, specialty
Real Estate Sponsors
Family offices, RIAs and institutions committing to your property type and market.
- Typical raise
- Funds, programmes, syndications
Startup Fundraising
Investors who have led or joined comparable rounds in the last two quarters.
- Typical raise
- Seed to Series B
Deal-by-Deal & Co-Investment
Equity for a single transaction from families and funds active in the sector.
- Typical raise
- One asset, one close
From the public record to a booked meeting
Four stages, applied to every raise. The output of the third stage is the difference: every allocator on the list carries a dated, cited reason it belongs there.
The public record of allocation
- Pension board packets, minutes and consultant memos
- Fund-close announcements that name their LPs
- Insurer, foundation and adviser filings
- DFI disclosures, hires and liquidity events
Fit to the mandate
- Strategy, sector and stage
- Cheque band against fund or round size
- Pacing, vintage and programme limits
- Emerging-manager and first-close appetite
Dated, per allocator
- Most recent comparable commitment
- Managers or companies backed this cycle
- Named decision-maker and route in
- The source, cited on the row
Booked, not broadcast
- Approach framed to the allocator's thesis
- Consent obtained before your calendar
- Materials sequenced to their process
- Follow-through into diligence
Anchored a $60m Fund I in vertical softwareManager’s fund-close announcement naming its LPs
Co-invested in a Series A led by a manager it backsCompany press release
Hired a principal to lead fund investmentsProfessional profile
Illustrative record. Details are composite and do not describe a real allocator.
Dated
Every allocator carries the date of its most recent comparable commitment. Stale names are removed, not padded.
Cited
The source sits on the row: the minutes, the filing or the announcement, so the evidence can be checked.
Booked
The deliverable is the meeting, with the allocator's thesis summarised before you walk in.
Where allocation becomes public, and how soon
Allocators rarely announce intent. They do leave a record of action: approvals in board minutes, filings within days of a close, announcements by the managers they back. The speed of that record decides how current a list can be.
| Signal | Where it is read | What it shows | Lag to the public record |
|---|---|---|---|
| Pension commitment approved | Board packets, minutes and consultant memos | A named fund, the amount and the date, often before the manager announces a close. The most current institutional signal. | 0–2 mo |
| Fund close naming its LPs | Manager and trade-press announcements | A named allocator has just committed to a comparable fund. Emerging managers name their LPs far more often than the largest funds. | Real time |
| Development-finance proposal | DFI project disclosures (IFC, BII, FMO, DFC and others) | A proposed commitment, its size and the fund, often published before board approval. | Before approval |
| Re-up due | Pension and endowment annual reports | A commitment to Fund N two to four years ago means Fund N+1 is in market now. | 3–12 mo |
| Insurer fund interests | NAIC statutory filings, Schedule BA | Fund interests an insurer acquired during the year, with dates: the best public view of insurer commitments. | Annual |
| Adviser and multi-family office profile | SEC Form ADV, Schedule D | Funds run, client types and marketers used. Single-family offices that meet the SEC exemption file nothing. | Annual |
| Hire or liquidity event | Professional profiles, transaction news | A new CIO or head of private markets, or a business sale that leaves new money to allocate. | Real time |
| Family office identity and scale | SEC Form 13F | Public-equity holdings of large family offices: who they are and how large, though not their fund commitments. | 45 days |
| Foundation holdings | IRS Form 990-PF | Investment schedules that sometimes list fund interests. Useful for fit, slow for timing. | 1–2 years |
Four ways to reach allocators, and what each leaves out
Raisers spend on placement agents, allocator databases, outsourced outreach and their own network. Each solves part of the problem.
| QuantiverseEvidence-led, booked | Placement agentsFull-service fundraising | LP databasesAllocator data platforms | Fundraising agenciesOutreach as a service | Own networkThe GP's relationships | |
|---|---|---|---|---|---|
| Available to first-time and emerging raises | Yes | Above a size floor | Yes | Yes | Yes |
| Allocators deploying now, not historically | Dated in the last cycle | Partly | Periodic refresh | No | Partly |
| Evidence attached to every allocator | Source and date cited | Held privately | Profile fields | No | No |
| List built for this sector and this raise | Yes | Yes | Filters | Partly | No |
| Conversations booked | Yes | Yes | Self-serve | Partly | Yes |
One engine, raise by raise
The mandate is agreed in writing before work begins, including which allocator types may lawfully be approached for the vehicle.
Define the raise
Vehicle, size, strategy, sector, stage, geography, first-close target and the allocator types that can lawfully participate.
Read deployment
Commitments, filings and announcements from the last cycle, matched to managers or companies like yours.
Qualify the allocator
Cheque band, pacing, programme limits and decision-maker confirmed by hand. Every row carries its evidence.
Open the conversation
A tailored approach to each allocator. The meeting is booked before it reaches your calendar.
You raise
The pitch, diligence and the relationship are yours. We sequence the next wave around what the first one teaches.
Your compliance, respected
Introductions only. Offering materials, suitability and any solicitation remain with you and your counsel.
Conflicts managed
We do not run directly competing raises into the same allocators at the same time.
Asked on most first calls
If yours is not here, it will be answered on the call.
01Are you a placement agent?
No. Quantiverse researches allocators and arranges introductions. We do not hold client funds or make recommendations about any security. Your offering, and any solicitation, remain with you and your counsel.
02Is this an LP database?
No. A database is a record of who has allocated. We deliver allocators deploying into your strategy this cycle, each with the evidence cited, and we book the meeting.
03Do you work with first-time managers?
Yes, and much of the practice is built around them. Emerging managers are where placement agents are least available and where a current, evidenced list matters most.
04Which allocators do you cover?
Single- and multi-family offices, foundations and endowments, public and corporate pensions, insurers, funds of funds, wealth platforms and registered investment advisers, sovereign and development-finance investors. Coverage is deepest in North America and Europe.
Mandates are accepted selectively
- 01The raiseVehicle, target size, first-close date and what is committed so far.
- 02The strategySector, stage, geography and track record.
- 03The allocatorsWho you have met, who has passed, and who you want next.