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Follow on Google News | Private Equity Fund-Raising Shows No Signs Of Slowing, $199 Billion Raised In First Months Of 2007Hawkins and Doyle Inc.’s Private Equity Analyst: Shifting Credit Markets Don’t Rattle Limited Partners; over 400 Open Funds Still Seeking to Raise an Additional $165 Billion
Of the funds raised in the first nine months of 2007, leveraged buyout (LBO) and corporate finance funds accounted for $155 billion, or 78% of the total. Within this area, distressed-focused funds continued to attract ever-more capital, raising $29.6 billion to date—miles ahead of the previous annual record of $19 billion that was raised in 2006. “Many limited partners recognize that private equity is a long-term investment,” Further analysis by Hawkins and Doyle Inc.’s market experts found that European private equity fund-raising mirrored the strong U.S. market through out the first nine months of the year. In Europe, overall fund raising increased 6% over the same period in 2006 with $73.1 billion raised in 116 funds, which is on pace to best its record annual total of $100.8 billion set last year. However, European buyout firms saw a bit of decline during this time, as they only raised $49.6 billion in 45 funds. That is down 14% from the $57.7 billion raised in 44 funds during the same period in 2006. # # # Hawkins & Doyle Inc. is a venture capital firm with an impressive record of success and a solid reputation. Our financial advisors craft unique investment solutions for our clients resulting in remarkable returns. End
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