Three private equity giants -- Advent International, Clearlake and Andreesen Horowitz -- raised nearly $45 billion combined across three funds, according to AW Research data collected for the month ending May 31.
The $74 billion in fundraising activity tracked by AW was dominated mostly by private equity, which saw $51 billion in inflows overall. The figures demonstrate the brisk activity going into the summer months on the part of global allocators rushing to re-up with existing managers while considering new alternative investment strategies to combat inflation . . .
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