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« SREI to raise PE fund for infrastructure projects | Main | VEB Commits $200 Million to Macquarie-Renaissance Fund »

August 10, 2009

PE fund raising in global infra space dries up in Q2 2009

NEW DELHI: Private equity fund raising in the infrastructure space literally dried up in the June quarter with no deals being announced, whereas an amount of USD 14 billion was raised in the same period a year ago.

A global survey of 230 unlisted PE funds focused on infrastructure sector has showed that fund raising was zero in the second quarter of 2009. In the year-ago period, about 14 such funds raised USD 14 billion, according to international research firm Preqin.

Full Story...

Posted by rjorr at August 10, 2009 12:40 PM