Private equity fund-raising momentum continues in first quarter

Private equity's record fund-raising in 2006 continued unabated in the first quarter, according to Dow Jones Private Equity Analyst.
U.S. private equity firms have raised $44.3 billion among 68 funds in the first quarter of 2007, according to the newsletter. That's up 67 percent from the 46 funds that raised $26.6 billion in the first quarter of last year.
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