Private Equity: Down 68% in 2009
Private equity fundraising hit a 5-year bottom in 2009, down 68%: $95.8 billion across 331 funds; http://j.mp/8pG5VN
Private equity fundraising hit a 5-year bottom in 2009, down 68%: $95.8 billion across 331 funds; http://j.mp/8pG5VN
Gerrit Eicker 10:24 on 8. January 2010 Permalink |
VB: “The dip in fund-raising, and resulting modest fund sizes, may have a serious impact on investment decisions for several years. As the Wall Street Journal notes, average deal sizes have shrunk accordingly. This could be good news for early-stage startups looking for morsels of funding to get the ball rolling. But it could be disastrous for late-stage players who, facing a still-thawing IPO market, need larger sums to extend their runways.”