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ABSTRACT
Philanthropic fund raising has evolved into a major business activity. Traditional models utilize one-on-one contact, direct mail, and tele...
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NEW YORK, Jan. 10, 2012 /PRNewswire/ -- U.S. private equity fund- raising regained steam after a slow third quarter, bringing the 2011 total to $122.4 billion raised for 404 funds, according to Dow Jones LP Source. This represents a slight drop in the number of funds that held closings but a 22% increase in capital from 2010, when 409 funds raised $100.5 billion. During the fourth quarter of 2011, limited partners committed $29 billion to 104 fund closings.
The number of firms that raised $2 billion or more in 2011 increased significantly over 2010, which helped drive overall fund- raising," said Laura Kreutzer, managing editor of Dow Jones Private Equity Analyst. "Even so, it was still a Dr. Jekyll and Mr. Hyde type of fund-raising market, with some firms hitting their fund targets an...
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Attended by more than 475 guests, the 33rd annual Casa Youth Shelter Commander's Ball set a fund-raising record of more than $200,000. Executive Director Luciann Maulhardt called it, "... a truly magnificent night, made all the more memorable by Casa's supporters who gave so generously to support us in our mission to provide shelter and counseling to homeless teens.
Maulhardt was grateful for the exceptional turnout and support, saying "This is a night to remember. I thank not only the dedicated supporters for their countless hours of service throughout the year. I also want to thank the wonderful ladies of the National Charity League whose support is invaluable to me."
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PRESIDENT BARACK OBAMA DELIVERS REMARKS AT DNC FUND- RAISING DINNER, AS RELEASED BY THE WHITE HOUSE
FEBRUARY 4, 2010
SPEAKER: PRESIDENT BARACK O...
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Mike D'Antoni and Chad Pennington make quite a team for Marshall University.
D'Antoni, a former Marshall men's basketball standout and current New York Knicks head coach, and Pennington, a former Thundering Herd and New York Jets and Miami Dolphins quarterback, have joined forces as co-chairman of the Vision Campaign, which is the fund-raising arm for the school's ambitious $30 million facilities upgrade.
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Faced with an overwhelmingly negative response from the state's non-profits, the New Jersey Division of Consumer Affairs has withdrawn a plan that would have restricted the language charities can use in soliciting donors.
Last month the division had floated what it called a "pre- proposal" for a rule requiring that non-profits tell potential donors they may designate which of the charity's programs their money should fund. It would also have required non-profits to note in their fund-raising appeals that any non-directed donations could be used for whatever purposes the charities chose, including general operating expenses.
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NEW YORK, July 11, 2011 /PRNewswire/ -- Limited partners gradually picked up their commitment pace to private equity during the first half of 2011. According to figures from Dow Jones LP Source, U.S. private equity funds raised $64.7 billion for 201 funds in the first half of the year, a 35% increase in capital committed over the $47.8 billion raised by 225 funds during the first half of 2010. Buyout and venture capital funds drove the rebound in the U.S. and helped put the industry on pace to exceed last year's fund- raising total.
European private equity funds collected $24 billion for 62 funds during the quarter, up 48% from the $16.2 billion raised for 76 funds a year earlier. While fund-raising figures are still well below levels seen before the economic downturn, the first half of...
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The Securities and Commodities Authority of the United Arab Emirates ("ESCA") has recently published draft regulations that, if enacted as proposed, w...
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NEW YORK, Jan. 12, 2011 /PRNewswire/ -- U.S. private equity fund- raising defied expectations in 2010, declining even further from the low levels of 2009 as 336 funds raised $86.3 billion, down 16% from the $102.2 billion raised by 366 funds in 2009, according to figures from Dow Jones LP Source. While most sectors experienced a slowdown, 2010 saw a few bright spots as Distressed Debt funds, Mezzanine funds and Industry-focused funds raised more money than they did in 2009.
Although overall fund-raising was down for the year, in the fourth quarter, firms raised $26.7 billion in 65 funds, up 19% from the $22.5 billion raised by 101 funds in the same period in 2009.