I thought I would touch on the topic of fundraising this week. I read an article earlier in the week that mentioned there is a large overhang of dry powder (committed capital) that still has to be put to use by private equity funds to the tune of about $145B. The article (link here), also mentions their guess is about 10% will go unused. Compound that with many funds out there on the fundraising trail at the moment and you have a perfect storm of limited commitment from LPs, and PE funds desperately trying to raise their next vehicle. What is a PE firm to do in such a case?
read more
No comments:
Post a Comment