Private Equity Fund Raising Increased By 20 Percent In 2013 YTD

Private equities have witnessed 20 percent growth so far in 2013 in their capital raising as compared to the same period last year. Preqin’s recent report reveals fund raising so far in 2013 has been encouraging, though 2013 witnessed a drop in the number of funds raised. Private equity raised $311 billion Preqin’s report points out $311 billion has been raised by private equity funds closed during the first three quarters of 2013.  This translates into an encouraging 20 percent growth when compared to $259 billion raised during the same period in 2012. Preqin’s data reveals during the third quarter…