Bain: PE funds raised $6.4T in 5 years, dwarfing every other 5 year period

"Largely on the back of a strong-ish first half, alternative managers around the globe raised $1.3 trillion in private capital during 2022, down 10% from 2021 but still the second-highest total ever. That brought the five-year total to a staggering $6.4 trillion, dwarfing any five-year period in the industry’s history" - Bain, PE Outlook in 2023