Infrastructure fundraising up; deal flow squeezed

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GLOBAL - Infrastructure managers raised US$6.7bn from global investors in the first quarter, the highest level of fundraising since 2008, but overall deal flow is still at its lowest level since 2006, new research by Preqin showed.

This is the fourth consecutive quarter-on-quarter increase, with $5.9bn raised in the first quarter, $2.4bn raised in the fourth quarter of 2009 and $800m raised in the third quarter. Most of th...

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