One-fifth of global investors intend to increase their allocation to private equity in emerging markets in 2017.
Newer and smaller funds post outsized returns, while volatility for former declines to match industry.
Asia accounts for almost half of the global total with a record $22 billion invested.
Volume and value are halved year over year after sharp quarterly decline.
Funds likely to take more of a mixed approach in energy investments going forward.
The top performing strategy so far in 2017 is Activist, followed by Discretionary.
25% of all hedge fund managers surveyed at year-end 2016 changed at least one service provider over the preceding 12 months.
Six funds raised $13.6 billion in investor capital, according to Preqin.
North America sees downturn of deals, while Europe posts highest aggregate total since 1Q 2016.