A strong economic environment, record dry powder in the form of $500 billion across the top 25 firms, and cheap capital have fueled a surge in U.S. private equity. Fundraising, deal and exit activity are at a scale and pace not seen since the early 2000s. Indeed, 2021 was a record for PE exits, and exit values hit a 20-year high.
This year, PE players face competitive pressure from smaller firms eager to make aggressive moves and capitalize on favorable capital market conditions.
Read the full article in CFO.com.
