Jan
06
Private Capital Fund-Raising Goal Rises to a Record $946 Billion
By
Stephen A. Schwarzman, the chief executive of Blackstone, and his wife Christine.CreditMike Theiler/Reuters
The number of private capital funds raising money from investors is on the rise, and the amount they are seeking to raise is a record $946 billion at the beginning of the year. That surpasses the previous high-water mark in terms of fund-raising goals set at the beginning of 2009, according to new data from Preqin.
Last year was the fifth-consecutive year of growth in total investments raised for private capital funds, which include private equity, debt, real estate, infrastructure and natural resources funds, the data and research firm said…
Private Capital Fund-Raising Goal Rises to a Record $946 Billion
