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Most of PE acquisitions are resulting in "partners" becoming w2 employees.
Yes...they would be selling their partnership interest so the avg partner is probably getting a few million bucks from acquisition.
It might be because they need an exit and don’t have a growing market or liquidity (new partners) to fund their exit. It’ll be an interesting few years
I've thought the same. Even those who need the liquidity still hold up deals because they just squabble over how to divide the payouts. What a mess.