Professor Glenn A. Okun
The Rabid Capitalist: The Big Point is a brief summary of a detailed note available to paid subscribers.
Private equity has been wandering through a desert devoid of exits. These limitations persisted in the third quarter. Liquidity events collapsed over 40% from the previous quarter and are down over 80% from the peak in 2021. Portfolio company realization events are the catalyst for private equity fund formation.
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The Rabid Capitalist 
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