Private equity funds of funds are becoming increasingly attractive to investors, with a recent flurry of new products hitting the market. Morgan Stanley announced in June that it had raised $1 billion for its private equity fund of funds. Goldman Sachs is raising funds for a diversified private equity fund of funds to the tune of $1.5 billion. Lehman Brothers is raising $750 million for a private equity fund of funds, and Merrill Lynch is also said to be in the market raising funds.
Access intelligence that drives action
To unlock this research, enter your email to log in or enquire about access