Almost three-quarters of funds closed over target: Preqin

Fund Performance Hitting Target VC
Success currency concept: arrows hitting the center of Green Dollar target on wall background, 3d render. Photo courtesy of maxkabakov/iStock/Getty Images
Are fundraising targets becoming mere formalities? According to a report from Preqin, in the past three years, 71 percent of alternative-asset funds closed above their listed targets. That group includes 40 percent of funds concluding at their hard caps and ...

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