Fund managers raised $757 billion in 2018, against $925 billion in 2017. Graphic: MintPrivate capital fundraising in India slowed down in 2018, alternative asset data tracker Preqin said, adding fewer funds achieved a final close during the year. Private capital refers to alternative asset classes such as private equity, private debt, real estate and infrastructure. Private equity funds raised $426 billion compared with a high of $566 billion in 2017. Only 1,175 private equity funds announced a final close last year, down from the 1,670 that hit the milestone in 2017.

Source: Mint January 08, 2019 21:33 UTC