Fundraising at European private equity firms grew by 25 pct to a record 90 bln eur last year as pension funds and funds of funds continued to pile into the asset class, according to a new study. According to the data compiled by Thomson Financial and PricewaterhouseCoopers, one year returns for all private equity was at 21.3 pct, with an annualised return net of fees at 10.3 pct.

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