text: Column/line chart showing PE fund size step-ups and increased fund sizes. Chart subtitle: Private equity fund size step-ups have remained consistent over the last decade. Chart description: Left y-axis ranges percent from 0-100%. X-axis goes by years from 2007 to 1H2021. Columns in purple show % PE Funds Raising Greater Fund Size; line in gray shows Median % Fund Size Step-Up. Ranges for both categories are fairly consistent; columns hover near 70% and line has larger range but has hovered between 30% and 51% for the past ten years. The lowest year for both categories was 2010, with 65% and 22% respectively. As of 1H2021, 72% of PE funds are raising greater fund sizes and the median fund size step-up is 48%. Chart source: Pitchbook 2Q 2021 U.S. PE Breakdown.