PE Deals Surged in 2010 While Fundraising Still Sucks
Private equity deals may have rebounded in 2010 but fundraising certainly didn’t. According to Preqin, 484 PE funds achieved a final close in 2010 and raised just $225 billion, the lowest amount since 2004. Fundraising was supposed to improve in fourth quarter but that didn’t work out. Only 92 funds reached a final close in the time period, raising just $32 billion, Preqin says. This is down from the 195 funds in fourth quarter 2009 that raised $59.6 billion.
6 January 2011•2 mins read
