Overall private capital fundraising remained brisk in 2019, with private equity soaring to nearly $600 billion in assets raised, according to statistics just released by J.P. Morgan Asset Management.
It was a slight dip from 2018, when private equity managers raised roughly $30 billion more. Either way, dry powder is growing as elevated PE multiples continue to be the norm.
Officials found that dry powder soared to $435 billion at the end of 2019, which was an increase of $118 billion from 2018. At the same time, J.P. Morgan noted that in the . . .
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