Biggest Buyout Firms Cash In As Fundraising Rebounds

Law360, New York (January 15, 2014, 2:35 PM EST) -- Roughly half of all private equity investments last year were funneled into the biggest funds in the marketplace, according to recent data, a dramatic increase over contributions made the previous year that attorneys say signals more than just a one-off boon for the most famous buyout shops.

A report released last week by industry analyst Preqin Ltd. showed that firms with more than $4.5 billion in assets under management raked in $85 billion, about half of the total $169 billion raised in 2013 — a steep...
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