Fund Raising plans of New England’s Private Equity Funds

February 27, 2008

New England’s Private Equity funds have raised record cummulative funds of $7 billion from investors in the first quarter of 2008. There has been a marked 100% increase in the amount of funds raised last quarter in this financial year vis-a-vis the same quarter in the previous financial year. Further New England’s Private Equity Funds have raised funds which is in excess of the funds raised by the entire nation as a whole, in the first quarter of 2008.

However, on the other hand, the amount of funds raised by venture capital funds has gone down not only in New England, but the whole country as well . When compared to the senario in the U.S., it is exactly the reverse. In U.S. thr growth of private equity funds has declined and the funds raised by venture capital funds has gone up. A find manager of a leading U.S. venture capital was quoted as saying that in the U.S. venture capital funds seemed to outperform provate equity funds by a huge margin.

Posted in New England PE Funds