While only 42 funds announced closings during the first six months of the year — compared with 48 during the first half of 2009 — a handful of large global funds pushed the year-to-date fund-raising total for 2010 substantially higher than during the same period in 2009. Through the first two quarters, investment managers closed funds with equity capital totaling approximately $36.2 billion, far exceeding the $23.4 billion raised during the first half of 2009.