Private-equity investments may fall another 33% in 2002
Dow Jones Newswire in the Wall Street Journal (subscription required):
Mirroring the challenging economic environment, world-wide private-equity investments fell by half last year and could decline by a further third or more in 2002, a new report predicts.
But rather than a "resizing" of the private-equity market, the drop in investments by venture capitalists and leveraged-buyout professionals is a "short-term stumble on the path to long-term growth," the report by PricewaterhouseCoopers and venture-capital firm 3i Group says.