16.08.2010 - Real estate and infrastructure funds find the going tough
From AFP: The proportion of deals of $1b or more in size has fallen from 17% in 2008 to 12% in both 2009 and the first half of this year. Dubai Times continue to be difficult for the private equity funds to raise cash for the real estate and infrastructure sectors, both of which were star performers before the global credit crisis brought returns crashing to the floor. The second quarter of 2010 saw 20 private equity real estate funds hold a final close, raising an aggregate $7.3 billion. This was the lowest quarterly fundraising total since the third quarter of 2004, when 30 funds raised $6.1 billion...........................................Full Article: Source
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