Global private equity funds raised $405bn, by the end of Q3 2022, tracking 41.8% below the 2021 full-year total of $695.6bn, said Preqin Global Report 2023: Private Equity.

During this period, total deal flow globally for private equity-backed deals is tracking below 2021 by 44.3% in aggregate deal value.

Overall, Preqin forecasts global private equity fundr