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But it lost that honor in 2005 when CVC Capital Partners raised a 6 billion euro fund and BC Partners raised a 5.5 billion euro fund.
Permira has been raising a new 6.5 billion euro fund — one third smaller than its previous fund raised in 2006.
BC Partners, a private equity fund based in Europe, is aiming to start a 6 billion euro fund.
A second quibble is that a euro fund may find it difficult to impose tough conditions on rescue loans.
The immediate hurdle for each of the 17 countries in the euro currency zone is to approve the 440 billion euro fund proposed in July.
Earlier this year, Index raised a 150 million euro fund ($189 million) in collaboration with GlaxoSmithKline and Johnson & Johnson to invest in life science start-ups.
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At a news conference on Feb. 5, a handful of Paris Opera officials made the case for a one million euro fund-raising project to renovate the decorative pillars, lampposts, columns and statues that hold up the 60 outdoor light fixtures of the Palais Garnier, the ballet's jewel of a theater made famous by the Gaston Leroux novel and the Broadway musical "The Phantom of the Opera".
Some of these include critical functions such as trade finance.A bigger worry is a freeze in euro funding.
Hanging over the meetings is that 11 billion euro funding gap, which could necessitate another bailout, albeit one much smaller than the previous two.
The three-month dollar Libor fixing was up at 3.88% compared to 3.76% on Friday while three-month euro funds were priced at 5.22% from 5.14% at the end of last week.
Yen and euro funding remain strong.
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