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State No. 17 in private equity investing

Published 05/17/2012 12:00 AM
Updated 05/16/2012 11:42 PM

Connecticut ranked 17th among the 50 states in private-equity investments last year, according to a new report.

The Private Equity Growth Capital Council said in an analysis released Wednesday that firms provided $2.9 billion in private-equity investments to 31 Connecticut-based companies in 2011. The state's 4th Congressional District alone accounted for $2.6 billion in such investments, or 13th nationally.

Texas, New York, California, North Carolina and Oklahoma were the top five states in terms of private-equity investing last year. But private-equity investments in Connecticut rivaled countries such as Mexico and the Netherlands and supassed nations such as Belgium and Brazil.

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