DJ Private Equity Reaches Record of $4.74 Trillion in Assets -- Market Talk
15:52 ET - Private-equity and venture-capital firms worldwide reached a record of $4.74 trillion in assets under management in June, up 6.1% from the end of 2019, according to a report by Preqin. Private-equity's expansion is likely to accelerate as investors in general expect to increase their allocations to the asset class this year, the data provider says. The median allocation in the US, at 6.3% of AUM, is higher than in developing markets, but those are expanding fast. In Asia, for one, investors during 2020 bumped up their median allocation to private equity to 5% of AUM from 3.6%. (email@example.com; @lhvgarcia)
(END) Dow Jones Newswires
February 04, 2021 15:52 ET (20:52 GMT)
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