Overall private equity fundraising was up last year but venture capital didn’t participate in the rebound.
Venture fundraising hit a plateau in 2012 with $20.3 billion raised, much of it by a handful of big firms, according to Dow Jones LP Source. The story was little different from 2011, which also saw about $20 billion raised.
Last year, just 11 funds, all larger than $500 million, accounted for $11.3 billion of venture capital funds raised. That included $2.6 billion committed to New Enterprise Associates for its 14th fund, one of the largest venture funds ever raised. In all, 154 venture funds held closings in 2012, two fewer than in 2011.
To read the full, original article click on this link: Venture Capital Fundraising Was Flat in 2012 - Venture Capital Dispatch - WSJ
