The Pulse of Private Equity – 12/4/2017

FoF needs a reset


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Are fund-of-funds obsolete? It’s a question that’s been asked over the years, but one that is taking on more urgency as the numbers continue to slide down and to the right. FoF fundraising declined a fourth straight year in 2016 and is on track for a fifth consecutive decline this year. It’s hard to blame a poor environment overall,