More private-equity firms are trying to raise more money than ever before, creating stiff competition for investor dollars during a rough time for markets and deal-making.

There are 2,845 funds currently in the market, collectively aiming to raise over $ 1 trillion in capital, according to Preqin. Both figures represent increases of more than 60% over the beginning of 2021.

https://www.wsj.com/amp/articles/buyout-firms-seek-1-trillion-of-new-funding-even-as-markets-drop-and-deal-making-dries-up-11658136602