Private equity fundraising slump

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GLOBAL - Private equity fundraising slumped in the first quarter of 2009 - raising the lowest amount of capital since 2003, data from Prequin reveals.

The research firm's findings showed only 71 private equity funds achieved a final close - raising an aggregate US$45.9bn. Prequin said it was the lowest since the fourth quarter of 2003 when US$...

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