$1 Trillion In PE Capital Laying Around As ‘Uncalled Commitments’

Private equity (PE) has fallen a long way since its pre-recession boom, and unlike other sectors it has yet to see any clear signs of recovery. SEI Investment Management Services recently surveyed private equity managers and investors, and the company found a challenging market with more capital than opportunity, and too few exit opportunities for investors looking to cash out. Reason to allocate money in PE Fund “A trillion dollars of dry powder is leading to more competitive bidding situations, raising the price expectations of sellers, and making fundraising more difficult,” says the report. With $3.3 trillion in total assets…