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Article: Private Equity Fund-Raising Jumps 42% in 1st Half of 2007, On Pace To Break 2006 Record.
- Article from:
- PR Newswire
- Article date:
- July 12, 2007
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Copyright informationCOPYRIGHT 2007 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Dow Jones Private Equity Analyst Finds Distressed Debt Fund-Raising Topping Previous Annual Best Already; Mega LBO Funds Still Investor Darlings-For Now
NEW YORK, July 12 /PRNewswire/ -- Records are meant to be broken and some are meant to be broken sooner than others, at least when it comes to private equity fund-raising. The July issue of Dow Jones Private Equity Analyst reports U.S. private equity firms raised $137 billion in 199 funds during the first half of 2007, a 42% increase over the $96 billion raised in 147 funds during the first half of 2006 and on pace to best the record total $261 billion raised last year.
Of the funds raised in the first half of 2007, ...
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