The third quarter saw something of a slowdown in fundraising activity compared with the earlier part of 2011. U.S.-based buyout and mezzanine shops secured $62.1 billion so far this year. The latest quarter’s additions include
The amount secured in the third quarter ($16 billion) is less than the $27.8 billion obtained during the second quarter and the $18.3 billion raised in the first quarter.
Thomson Reuters, the publisher of Buyouts, tracked 185 completed deals involving U.S.-based financial sponsors from July 1 to Sept. 15. The largest transaction, among those with reported financial terms, was in the industrial sector.
The 37 deals with disclosed financial terms combined for $19.6 billion, and helped push year-to-date deal volume to about $71.2 billion.