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"I see no need to expand the fund right now," Mrs. Merkel said in Berlin after talks with Prime Minister Donald Tusk of Poland, Bloomberg News reported.
The benefit to being a private equity fund right now is that private equity investors are not clamoring for month-end numbers and demanding to know what the fund will do differently to turn around performance.
"It's very hard to raise a fund right now.
Here's the practical answer: I am not in a fund right now but an angel investor.
Consider which of two proposals you would fund right now–one that promises a 30% return on investment with an 80% likelihood of success, or one that promises a 40% return with a 60% likelihood of success.
They are raising second round fund right now via PWC (raised $3 million to date) and are looking to expand in the US.
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In these towns, the local budgets are already pushed to the limit, and they need the funds right now".
"For us there are too many people trying to do typical leveraged buyout funds right now," he said.
"You see less volume in sector funds right now," said David Jones, Fidelity's vice president for investment development.
"It's a really hard time for funding right now," said Beau Takahara, director of ZeroOne, a Silicon Valley nonprofit organization that supports tech-art initiatives.
Any disclosures required by current accounting standards would tell investors very little about what happens in their funds right now, he said, adding that "maybe we need to look at those rules again".
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