Last year was just miserable for private equity fund-raising in the United States. Hitting its lowest point since 2003, private equity (including venture capital) fell 68 percent to $95.8 billion across 331 funds, down from $300 billion across 508 funds in 2008, according to Dow Jones LP Source.
No category of funds escaped the slowdown, except for secondary funds — a major outlier that saw a more than 50 percent increase in fund-raising.
Original Article: Private equity fund-raising hit a five-year bottom in 2009, down 68% | VentureBeat
