Thursday, January 11, 2007

Private equity raises a record $215 billion in 2006

Private equity raises a record $215 billion in 2006

Last year was a banner year for private equity funds, with 322 funds collecting a record $215.4 billion. That's 33% higher than in 2005, and well above the earlier record of $177.1 billion set in 2000. "It's gotten to the point where there is so much perceived opportunity that it has created a momentum of its own," according to one money manager.

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