Fund-raising was slow in the past week. But whether the lack of activity was a result of the Wall Street crisis, remains to be seen.
So far this year, buyout and mezzanine firms have raised $223.2 billion in new funds.
The fund-raising numbers were helped by
Though fund-raising was quiet, leverage buyout firms have completed 15 control-stake transactions during the past week.
The year-to-date deal flow rose to $106.8 billion, compared to just over $104 billion the previous week.
A share of the latest period’s total came from First Reserve Corp.’s acquisition of CHC Helicopter Corp., a Canadian provider of helicopter transportation services to the offshore oil and gas industry. The LBO deal was valued at $2.2 billion.
Lighthouse Holdings Inc. paid $480 million to acquire American Beacon Advisors Inc. Lighthouse, a unit of Pharos Capital Group and TPG Capital, purchased the provider of investment advisory services from AMR Corp. —Eamon Beltran