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Private equity activity slowed during 2008 in response to widespread uncertainty across financial markets, according to preliminary data for 2008 released today at EVCA’s Investors’ Forum 2009 in Geneva.
While there has been a significant fall in investment and divestment activity, fundraising remained robust through 2008, particularly for the venture market.
“These preliminary figures give an early insight into activity trends within the European private equity market”, Professor Kaserer, chairman of the PEREP Analytics Governing Body said. “The total amount raised in 2008 was – as in the year before - concentrated in the hands of a small number of large firms.”
The press release it attached below.