Pension funds' allocation to European private equity funds dropped by more than 50% year on year in 2007, data by the European Private Equity and Venture Capital Association (EVCA) has shown.
The statistics, compiled by PEREP Analytics on behalf of EVCA for 2007 and by Thomson Financials and PWC for the previous years, showed a fall from Ä29bn ($45.5bn) in 2006 to Ä14bn ($22bn) in 2007,...
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