The 5 Largest PE Funds In The 1st Quarter Of 2016

By Benjamin Horney (April 8, 2016, 5:00 PM EDT) -- Despite a dip in the volume of private equity funds raised in the first quarter of 2016, the combined value of this year's first-quarter funds was actually $4 billion higher than it was the same time last year, mostly thanks to one truly massive fund that dwarfed 2015's top dog.

In the first quarter this year, 151 private equity funds worth a total of $71 billion held final closings, according to data from research firm Preqin, while the same period a year ago saw the closing of 202 funds worth $67 billion combined. While there were actually four more funds worth...

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