A tricky fundraising trail
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PE fundraising is slowing, according to PitchBook’s latest US PE Breakdown, as a whole and in the middle market. For the past three years, the middle market has raised at least $150 billion, but that might not stretch to a fourth consecutive year. $71.3 billion has been raised at halftime, across 91 vehicles. The latter figure (fund counts) is also on pace to slow this year.