(December 2022) Private equity fund managers have sharply pulled back on sales of their portfolio companies this year, with exits from their strategies perhaps the most visible evidence of a weakening market that has seen declining valuations, slower fundraising and other flagging indicators.
The drop in exits may even be magnified in the fourth quarter, according to a machine learning-driven prediction from CEPRES based on the strategic consulting group’s data and surveys of private asset owners globally. The Cepres analysis expects a 50% decline in cash exits this quarter alone.
Read the complete article on FundFire (opens in new window).
