Global private equity fundraising down 46% in 3Q
Global fundraising by private equity vehicles closing in the third quarter was down 46% on the previous quarter, according to Preqin. A total of 97 buyout funds raised $44.8 billion in the three months ended in September compared to $82.8 billion raised by 175 vehicles in the second quarter.
A further 109 funds held interim closes, securing commitments totaling $42.7 billion. As of October, 1,728 funds are in the market, seeking to raise $706 billion, up from $680 billion sought by 1,676...
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