The Highs and Lows of Private Equity Funds Nov. 24, 2020

The COVID-19 pandemic has affected the private equity sector in more ways than one.  Presently, there are a record number of private equity funds.  However, funds are being raised at a slower pace and therefore slowing down the closing process.  Is this purely due to COVID concerns, or that CRE investors are taking a smarter, more thoughtful approach to engaging sponsors?