Private equity funds worldwide had a difficult time on the fundraising trail in the second quarter, raising a combined $106.7 billion, down from $164.4 billion in the prior quarter and also down from $165.3 billion in the year-earlier quarter, according to a just-released Preqin report....
Private equity fundraising down 35% in Q2, Preqin says
July 26, 2023 | Arleen Jacobius | Pensions&Investments
Private equity funds worldwide had a difficult time on the fundraising trail in the second quarter, raising a combined $106.7 billion, down from $164.4 billion in the prior quarter and also down from $165.3 billion in the year-earlier quarter, according to a just-released Preqin report.
The majority of the funds still in the market attempting to raise capital in the second quarter were either buyout or growth capital with 1,150 buyout funds seeking to raise an aggregate $722.2 billion in capital and 1,202 growth funds aiming to raise a combined $314 billion in capital.
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