BERLIN, Feb 28 (Reuters) – New private equity fund managers
Feb 28 (Reuters) – New private equity fund managers will be hard-pushed to raise funds, as even the most experienced and successful buyout firms find investors have become more selective in the firms they trust with their money.

As private equity fund managers courted potential investors at the industry’s annual gathering in Berlin this week, it was clear aspiring managers faced stiff competition from established players, themselves finding fundraising more challenging in the aftermath of the global financial crisis.
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