After a capital raising mandate
The investors we brought into the raise stay in contact with us after the close, and we keep each relationship working through to the next fund.
Capital raising mandatesInvestor Relations
After the close, we keep your investors informed on a schedule agreed with you, answer what they ask between funds and prepare the next raise with the investors most likely to commit again.
Between funds
Capital raised is holding up, and it is going to fewer managers.
01
Fewer funds closing
The number of private equity funds closed in 2026 is pacing down 30.5%, while global capital raised is pacing up 3.1%.
02
Updates read as an allocator reads them
David Hunter, our Senior Advisor, led the North Dakota Retirement and Investment Office as it grew from about US$8 billion to nearly US$20 billion, and later the US$40 billion Texas Municipal Retirement System. Updates are written for that reader.
03
Relationships kept in contact
The investors we keep in contact for you sit within more than 200 relationships we hold with pension funds, sovereign wealth funds, endowments, family offices and private wealth across the United States, Europe and the Gulf.
Sources: PitchBook Q3 2026 Global PE First Look, via Foley & Lardner, October 2, 2026, as published in Fewer funds are closing. Career figures of David Hunter are from earlier roles and are not transactions of Inaya Advisory.
Between raises
Capital raised is going to fewer managers. The investors already in your fund are where the next one begins, and we keep them close between raises.
Contact on an agreed schedule
We stay in contact with each investor on your behalf, on a schedule agreed with you, so no relationship goes quiet in the years between funds.
Updates written for the committee
Each update is written for the staff member who reports on your fund to an investment committee, in the format and at the frequency that investor expects.
Questions answered as they arrive
An investor question is answered as it comes in. Small points are settled long before the next commitment is discussed, and nothing is held for the next raise.
When managers come to us
Investor relations is engaged when the investors from the last raise matter to the next one.
01
If investors have gone quiet after the close, come to us.
We keep the relationships opened in a raise working, with contact written for the people who report to a committee, so the next raise starts with them.
02
If allocators are not replying, come to us.
An introduction from us is read because it is made selectively and arrives with materials ready for a committee.
03
If a successor fund needs a wider investor base, come to us.
Re-ups and new institutions are prepared in parallel, so the record opens doors and the preparation decides how far the raise goes.
How it fits
Investor relations follows a capital raising mandate or an introduction, or is engaged on its own by a manager that raised without us.
On its own
A manager that raised without us can engage us for investor relations alone, held to the same confidence as a full mandate.
Contact usAlongside targeted introductions
Where we introduced an investor, we stay with that relationship after the first meeting and through any commitment that follows.
Targeted introductionsBefore a successor fund
Ahead of the next raise we work with you on which existing investors are likely to commit again, at what size, and what each will want to see before it does. Their re-ups open a successor fund.
Preparing the next raise
We record what each investor asks between funds. The next fund's materials answer those questions on the first page, and the first meetings start from what the investor already knows.
Who the capital serves
Pension capital belongs to teachers, nurses, firefighters and electricians. Boards answer to the members whose savings they hold, and we write every update with that reader in mind.
Pension fundsFurther reading
What existing investors expect before the next fund
After the first close: why raises slow down
Why pace drops after a first close, and how planned updates give later allocators something new to read.
Secondaries: a route back to the next raise
How the secondary market shapes what existing investors expect from a manager before they re-up.
Fewer funds are closing, and the largest take a bigger share
The PitchBook and PEI Group figures behind the move of capital to fewer managers.