As First-Time Funds Struggle, PE Startups Try Fundless Model
The COVID-19 pandemic accelerated the flight-to-safety fundraising trend resulting in big, established private equity firms attracting massive capital inflows in a short time. New managers, unable to meet limited partners in person and sidelined due to LP risk aversion during the pandemic, are dealing with a far bleaker fundraising reality. Last year was the worst […]
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