Monday, 27 February 2017
Last updated 2 days ago
Jan 12 2007 | 2:26pm ET
It was a banner year for U.S. private equity fundraising, with a record-setting $215.4 billion committed to 322 funds last year, according to industry newsletter Dow Jones Private Equity Analyst. That total shattered the old record, set in 2000, by 22%, and was one-third higher than 2005.
Buyout funds were the biggest driven of the increase, with nearly 70% of money raised, or $148.8 billion. Mezzanine funds also had a record-setting year, raising $20.4 billion, five times as much as in 2005.