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More First-Time PE Funds Means More Opportunity For Attys

Law360 (July 18, 2018, 8:01 PM EDT) -- Though multibillion-dollar private equity funds raised by well-known industry players often get much of the public attention, a growing market for PE buyout funds worth less than $1 billion has led to more first-time funds, meaning there is plenty of opportunity for attorneys that can capably guide neophyte fund managers to success.

The private equity industry’s penchant for raising capital has not slowed and each year the funds seem to be larger than ever before, but the proliferation of PE fundraising has made things crowded for fund managers trying to woo limited partners. Meanwhile, investors themselves have shown a propensity for...

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