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 Eagle Summit Corporation excited as PE Index reaches new high since recession- Eagle Summit Corporation excited as PE Index reaches new high since recession
- May 26, 2011
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Private equity activity continued to recover in the first quarter. It is also worth noting that levels of uncalled committed capital (dry powder), continued to decline, hitting $414.0 billion globally, though they remained well above pre-recession levels.
Eagle Summit Corporations notices that at the end of the first quarter of 2011, the PE Index settled at 119.2, well above its 10-year moving average of 100, though still below the record high of 154.9 recorded during the fourth quarter of 2006. Other key metrics captured by the first quarter include:
- Fundraising by buyout funds totaled $24.0 billion, representing an increase of nearly 300% from its lowest level since the recession, recorded in 2009-Q4.
- 18 private equity-backed initial ...
- View more at: http://www.1888pressrelease.com/eagle-summit-corporation-excited-as-pe-index-reaches-new-hig-pr-305874.html
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