Private equity funds losing steam, but should top 2010 total
U.S. private equity fund-raising slipped in the third quarter, raising concern that fund-raising is starting to lose momentum, but it remains on track to top the $95.9 billion raised in 2010, Dow Jones LP Source said in a news release. Of the $92.5 billion raised through Sept. 30, 110 private equity funds accounted for $24.8 billion. In Europe, capital committed to private equity funds totals $36.8 billion, exceeding the $32.8 billion raised last year, Dow Jones LP Source said.