| The number of private equity funds seeking money from investors reached an all-time high in the second quarter, while those which completed fundraising hit a record low, according to data released by market research firm Preqin.
Tighter deal financing and an economic slowdown have made it more challenging for private equity fund managers to deliver outsized returns for investors, who have become more picky when it comes to tying up their money for an average of 10 years. ..............................................Full Article: Source |