VC Fundraising Q2 2005

Larger venture and buyout firms drove strong private equity fundraising in the second quarter of 2005. Venture funds raised $6.1 billion with 43 funds, an increase from the previous quarter. Buyout funds raised $22.1 billion with 38 funds, also up from the previous quarter. The increased average venture fund size was due to larger, more established firms returning to fundraising. Private equity fundraising has been the strongest since 2000 and is on track to surpass 2004 if the typical second half increase occurs.