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Independent Brokerage Solutions LLC participated in 17 private fund closes between Jan. 1 and Dec. 15, making the New York-based investment banking firm the most active placement agent in 2022 so far, according to data from Preqin Pro.
With just two weeks remaining in the year, Independent Brokerage Solutions was well ahead of some better-known placement agents in the end-of-year rankings, at least by one measure. But with an aggregate final close size of just $130 million, according to Preqin, it trails well behind some of the industry's top performers in 2022 when the value of those funds is considered.
Latin America-focused Picton SA was a placement agent on just four funds that closed between Jan. 1 and Dec. 15 but recorded an aggregate fund close value of $56.3 billion, leading all other placement agents over that period.