Raising capital for a first time private equity fund is difficult. First time fund managers often are surprised by how long it takes to secure enough capital commitments to hold a fund’s initial closing, particularly when seeking commitments from institutional investors. The good news is that first time funds have recently been in favor with investors. In the article First Time Funds: The fundraising environment in strong; the fundraising process is hard, it is explained that the current fundraising environment and what first time fund managers should know.
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