Venture capital fund-raising through the first nine months of 2010 was only a bit ahead of last year, as the industry continues to wrestle with a lack of liquidity and limited-partner caution.
U.S. venture firms raised $9.2 billion for 103 funds during the first three quarters, according to Dow Jones LP Source, an industry database that tracks private equity fund-raising. This is slightly more than the $8.9 billion raised for 105 funds during the same period in 2009. Venture fund-raising for all of last year totaled $13.5 billion, the lowest since 2003. Dow Jones & Co., owned by News Corp., is publisher of this newsletter and newswire.
To read the full, original article click on this link: Venture Fund-Raising Remains Slow Through Third Quarter
Author: Russell Garland
