Private Equity Firms Keep Raising Money, but Where Is It Going To Go?
Silver Lake Partners, a Menlo Park, Calif., buyout firm that bought Seagate, Flextronics, Gartner and other companies before turning them around, has finished raising its third fund at $9.3 billion in capital, according to LBO Wire. It’s much larger than the firm’s previous fund, raised in 2004, of $3.6 billion.
The pace at which the private equity industry keeps raising money is astonishing. The amount of capital swashing around among the world’s investors is huge, and these investors have little choice but to earmark it for various asset classes, such as stocks, bonds and alternative investments–including private equity.




