Recently Pitchbook, a leading research firm specializing in tracking the private equity industry, released the first in a four-part series on the private equity industry’s growth over the past decade. Those of you that read this site regularly know that we have quoted Pitchbook on several occasions because we find their data to be quite compelling. This report really caught my attention because over the past decade, the private equity industry and its influence on the overall has grown dramatically. [Read more…]
There is a substantial amount of capital sitting on the sidelines waiting to be invested over the next several years, which you can see by looking at the amount of “dry powder” or “overhang” that exits in committed capital for equity firms to use for investing. Dry powder and overhang simply mean that firms have capital that is committed to them by their investors to use for and investments.
The amount of dry powder has grown steadily over the past few years as equity firms have been accumulating capital and delaying investments while waiting for recessionary pressures to subside. [Read more…]