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I wouldn’t say dead, just slow. Deals are still being made
PE is making plenty of $$$$$ and it is far from dead. Leverage strategies change, but people turn to private capital markets because they cannot get access to traditional sources of capital. Niche areas like distressed investments will get more looks in this type of market.
Absolitely not. UHNW continue to invest as the returns outpace the market. PE/VC are just more selective in their investments as cash is being soent much more wisely.
Seems hard to believe as overall market is on a tear.
Indeed.
Their RoIs on Covid and pre Covid deals are rough but many are still doing fine. They just can’t exit the way they hoped.
PE is investing in accounting firms
The boomers will make it worse
Not PE investing into accounting firms at least
Wut