Monday, October 16, 2006

Private Equity Fundraising Slows

Thomson Financial and the National Venture Capital Association reported Monday that private equity fundraising in the third quarter slowed, with both venture capital and buyout firms reducing the amount of funding raised. The groups report that in Q3, fifty-two venture capital funds raised $4.90 billion in funds, which was down from $13.4B in fund raised in Q2. For 2006 YTD, there have been 158 venture capital funds who have raised a collective $25.4B in funds. According to Thomson/NVCA, the largest fund raised was Domain Partners VII, which raised $700M, and M/C Venture Partners VI, which raised $550M.

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