2017 PE fundraise set to break records aided by 3 Asia mega funds still on road: Report

2017 PE fundraise set to break records aided by 3 Asia mega funds still on road: Report

US dollar notes. Photo: Hemant Mishra/Mint

Private equity fundraising activity globally slowed down in the third quarter of 2017 with 181 funds closed during the period raising about $95 billion when compared to a record $138 billion raised in the previous quarter. However, the sluggish quarter should not be much of a concern with aggregate corpus raised this year so far already higher than 2016.

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