Private-Equity Fund-Raising at Worst Levels Since 2003 - WSJ.com

Private-Equity Fund-Raising at Worst Levels Since 2003 - WSJ.com by Nathan Becker writes:

"Private-equity fund-raising in the U.S. had its worst year since 2003, with most sectors experiencing steep drops, according to Dow Jones LP Source.

In 2009, 331 funds raised $95.8 billion, down 68% from the $299.9 billion raised by 508 funds in 2008, Dow Jones said. In the fourth quarter, firms raised $20.5 billion in 75 funds, ..."