Leon Black, chairman, CEO and director of Apollo Global Management, speaks at the Milken Institute Global Conference in Beverly Hills, California, on May 2, 2016. Photo courtesy Reuters/Lucy Nicholson - RTX2CIE5
After historic Q2, PE fundraising total drops to $95 bln
Ninth Apollo buyout fund represents a quarter of total
$338 bln raised in ’17 so far; record is 2007's $415 bln
Private equity has been eyeing the annual fundraising record this year, but Q3 looks to be a stumbling block on 2017’s path to potential glory. Research firm Preqin reports that 181 private equity funds closed last quarter, raising a total of $95 ...