Core Viewpoint - Private equity firms are increasingly reliant on fund-raising as they prepare to report year-end results, indicating a shift in focus towards capital acquisition and deal-making activities [1]. Group 1: Fund-Raising - Major private asset managers are expected to emphasize their fund-raising efforts in upcoming earnings reports, reflecting the growing importance of capital inflows for their operations [1]. - Analysts from Morgan Stanley will specifically look for insights into how effectively these firms are raising funds amidst changing market conditions [1]. Group 2: Dealmaking - Alongside fund-raising, deal-making activities are anticipated to play a significant role in the earnings of private asset managers, highlighting the interconnectedness of capital acquisition and investment strategies [1]. - The performance in deal-making will be closely monitored as it can significantly impact the overall financial health and growth prospects of these firms [1].