Private-fairness corporations experienced a blockbuster yr for offer building, mainly driven by technology investments.

As of mid-December, private-fairness firms experienced declared backing U.S. technology promotions totaling $401.71 billion, such as new purchases, asset income and incorporate-on discounts, in accordance to details service provider Dealogic. That accounted for 41% of a record $990.25 billion in all round personal-equity promotions through mid-December, Dealogic said.