P-E firms are facing a fight for survival as they look to to raise $177.4B of new capital, up...

|By:, SA News Editor

P-E firms are facing a fight for survival as they look to to raise $177.4B of new capital, up 81% from this time last year and against a background of risk aversion, a lending freeze and global economic problems. In 2011, funds attracted $263B, well below the $600B they raised at the peak of the buyout boom.