Private equity firms raised $492.3 billion in 2024, the lowest value since 2020. The year also saw just 551 private equity (PE) funds, the smallest number of PE funds since 2014.
This is as PE capital raised in 2024 declined by 18 percent from the $600.2 billion recorded in 2023.
These figures
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David Olujinmi
David Olujinmi is a financial journalist, with a knack for reporting and analysing the capital markets. He has experience in reporting the Nigerian and African financial scene.
With a Bsc in Chemical Engineering from the Obafemi Awolowo University, he has a significant grasp of numbers that has aided his understanding of the financial context.