Back to the Boom? U.S. Private Equity Raises $362 Billion in 2017

The year-end tally represents the biggest fundraising haul since 2007, driven primarily by large funds. Increases in corporate finance fundraising, particularly buyouts, offset declines in venture capital, secondary funds and other strategies

U.S. private-equity firms raised the most money in 2017 since 2007, evoking comparisons to the industry’s last golden era.

Firms raked in more than $362 billion, the highest amount of money ever raised in a single year since 2007, surpassing the $328.1 billion funds raised for 2016 and the $350 billion they raised in 2008, according to LP Source, a data provider owned by Private Equity Analyst publisher Dow Jones & Co. Growth in the corporate finance sector, particularly among buyout funds, offset declines elsewhere, including… Read more…