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J.P. Morgan report: PE dry powder grows by $118bn in 2019, as multiples grow

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 …

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