Last year, 116 new funds raised a record of $72-billion, and 2007 is set to surpass that amount with a total of about $75- to $85-billion. That's seen further increasing to $80- to $100-billion next year, the research firm said. This contrasts with the rest of the private equity market, which is expected to raise slightly less this year than it did in 2006, said Tim Friedman, a spokesman at Private Equity Intelligence.
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source: updatere.com
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