Private Equity Fund Raising Continues At Rapid Pace With 67 Percent More Raised in First Quarter of 2007

April Issue of Dow Jones Private Equity Analyst Finds Mega Buyout Funds Remain Dominant in the Market

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| Source: Dow Jones Financial Information Services

NEW YORK, April 9, 2007 (PRIME NEWSWIRE) -- Coming off the record-breaking fund raising of 2006, U.S. private equity firms have continued apace, raising $44.3 billion among 68 funds in the first quarter of 2007, according to Dow Jones Private Equity Analyst. This is up 67% from the 46 funds that raised $26.6 billion in the first quarter of 2006.

The private equity industry broke all previous records in 2006, raising $246.3 billion in 359 funds. So far in 2007, in addition to the $44.3 billion raised in the first quarter, some 400 other funds are known to be raising at least another $130 billion at present, according to the monthly newsletter's database of funds. Private equity includes buyout and corporate finance funds, venture capital, mezzanine funds and funds of funds.

An analysis of the fund raising activity is included in the April issue of the Private Equity Analyst. The buyout side of the private equity industry continues to be the primary focus, representing $35.2 billion of the total raised in the first quarter, the database found.

"The strength in fund raising this year shows the continued dominance of mega buyout funds which were responsible for 62% of the overall capital in the first quarter," said Jennifer Rossa, managing editor of Private Equity Analyst. "However, there are expectations in the private equity industry that there will be more room for other fund raising strategies this year."

In addition to the buyout funds, 22 venture capital funds raised $3.8 billion in the first quarter of 2007, down from the $4.4 billion raised by venture capital firms in the first quarter of 2006, the Private Equity Analyst funds database showed. Other private equity, funds of funds and mezzanine funds were responsible for the balance of $5.3 billion in the first quarter.

For more information about The Private Equity Analyst, or its online component, Private Equity Analyst Plus go to: www.privateequity.dowjones.com/.

About Private Equity Analyst

Private Equity Analyst (www.privateequity.dowjones.com), published by Dow Jones Financial Information Services group, is the leading provider of data, news and analysis for private equity professionals. Related products include the daily online newsletter LBO Wire and the online database, Private Equity Analyst Plus, a series of senior level executive conferences including the Private Equity Analyst Conferences (NY and London), the Private Equity Analyst Outlook Conference (NY) and The Limited Partners Summit series (NY, SF, Europe); cutting edge research reports on critical private equity topics such as terms and conditions, compensation and liquidity trends; and the most respected and referenced directories for the industry including Galante's Venture Capital & Private Equity Directory and The Directory of Alternative Investment Programs.

About Dow Jones Financial Information Services

Through its Financial Information Services group, Dow Jones produces focused, sector-specific online databases, newsletters and industry events for the private equity, venture capital and diversified markets. Newsletters published include Private Equity Analyst, VentureWire and Daily Bankruptcy Review. In addition, Dow Jones & Company (NYSE:DJ); (www.dowjones.com) is a leading provider of global business news and information services. Its Consumer Media Group publishes The Wall Street Journal, Barron's, MarketWatch and the Far Eastern Economic Review. Its Enterprise Media Group includes Dow Jones Newswires, Factiva, Dow Jones Licensing Services, Dow Jones Indexes and Dow Jones Financial Information Services. Its Local Media Group operates community-based information franchises. Dow Jones provides news content to CNBC and radio stations in the U.S.

Dow Jones Private Equity Analyst
Angie Espejo
(415) 439-6666