PRINT THIS PAGE Alternative Market Perspective09/07/2003. Source: HIG.
Buy-outs dominated the US private equity industry's deal flow in 2002, according to HIG's Alternative Market Perspective. But venture capital suffered significant cutbacks as it re-adjusted to the excesses of previous years. Fundraising fell for both buy-outs and venture capital sectors the reduction has simply brought the industy back to sustainable levels, says HIG. In contrast distressed debt fundraising increased, with several funds closing above their targets.
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