Privcap TV The re-up rate for follow-on funds is now averaging 50 percent, posing a serious challenges for GPs about to hit the fundraising trail. What is the best strategy for fundraising success in this environment? Make sure to influence the influencers – the LPs whose commitments are closely watched by other LPs, according to three experts from BlackRock, Pantheon and MVision. In the fifth segment in Privcap’s popular “New Rules of Private Equity Fundrasing” series, our experts discuss the importance of gatekeepers in today’s market, how to strategize around the “mortality and melt” of your capital base, the 20-odd LPs that really matter in a large fundraising, and where and how LPs compare notes.