PE fundraising plummets in Q3

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GLOBAL - Worldwide private equity fundraising has plunged in the third quarter of this year to levels unseen since 2003 following the dot com bubble, latest data from Preqin revealed.

The firm found the aggregate capital raised by funds holding a final close in the third quarter was US$38bn, which represents a significant drop from the second quarter fundraising of $84bn, and ev...

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