Private Equity Raising Funds at Record Pace

According to an article in the Silicon Valley Business Journal, "while public financial markets are in crisis, U.S. private equity firms not only continue to stockpile capital but have picked up the pace of their fund-raising, according to a report Tuesday from Dow Jones Private Equity Analyst."

"According to the report, U.S. private equity firms raised $222.6 billion in 264 funds during the first three quarters of 2008, 11 percent ahead of the $200.4 billion raised by 298 funds in the same time last year."

Meanwhile, venture capital fund-raising is holding relatively steady.

Also, I recently read that IPO activity has slowed to a crawl - not surprising given what is going on in the financial markets.