Pressure Builds For PE Firms To Unload $1T Of Dry Powder

Law360, New York (March 13, 2012, 6:45 PM EDT) -- Private equity funds are sitting on nearly $1 trillion of uninvested capital, and pressure to make deals in 2012 will build as fund managers scramble to unload their dry powder in an unfavorable market, according to a report Bain & Co. issued Tuesday.

In yet another ripple effect of the 2008 financial crisis, funds essentially raised too much money in the lead-up to the recession and now have millions sitting on their books with no good buying prospects, the Boston-based management consulting giant found in this...
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