Dry Powder Available To PE Fund Managers Tops $1 Trillion As 2008 PE Global Fundraising Hits $554bn - 2008 PE Fundraising Second Highest On Record, Although H2 Sees Significant Drop

The latest fundraising data is now in, and Preqin’s final figures for global private equity fundraising show that a total of 768 funds achieved a final close over the course of the year, raising an aggregate $554bn in commitments. As Fig. 1 shows, this was not split evenly over the course of the year, and as the full force of the credit crunch hit in Q3 and Q4 of 2008 fundraising slowed significantly.

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