Funds face shortfall despite cash glut

Private equity firms are set to struggle in 2005 to raise funds from investors amid a glut of fundraising and fierce competition for capital.

Analysts estimate the amount being targeted by funds in Europe this year at more than €60bn ($80bn). Appetite for the asset class has bounced back after a couple of relatively dour years for fundraising.

WSJ Logo
Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With TrumpExternal link

Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With Trump