PE investors turn away from core funds in hunt for returns - Reuters

Investors in private equity are turning their backs on established funds and putting their money in new vehicles and individual deals as returns struggle to regain pre-crisis highs, according to a survey from secondary market investor Coller Capital, writes Reuters. Over the next two years, more than four-fifths of investors in private equity will decide against reinvesting in managers whose last two funds they backed, according to data from the survey.

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