Healthy fundraising geared toward US middle market continues to set stage for competition
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Pegged for some time now as a potentially more fruitful arena for private equity firms looking for respite from high valuations, the US middle market hasn’t seen as much dedicated, new fundraising in years. 23 first-time middle-market funds (sized between $100 million and $5 billion in capital commitments) closed in 2016 on $8.4 billion,
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