Too Long; Didn't Read
North America is home to the majority (57%) of LPs that were active in <a href="https://hackernoon.com/tagged/venture-capital" target="_blank">venture capital</a> funds in 2017. Given that GPs typically have a better understanding of LPs’ requirements in their home regions, fund managers tend to attract a large proportion of investors domestically. Consequently, it is unsurprising that North America-based venture capital funds continued to dominate the fundraising market in 2017: 262 funds reached a final close, securing an aggregate $35bn in <a href="https://hackernoon.com/tagged/investor" target="_blank">investor</a> capital. This is greater than the total capital ($21bn) raised collectively by 185 vehicles headquartered in Asia and Europe.