3 ms·
There is a structural element to consider since PE has raised huge amounts of dry powder and will continue to do so....which means there is huge demand from com
by Blackstone4 4y ago
There is a structural element to consider since PE has raised huge amounts of dry powder and will continue to do so....which means there is huge demand from committed capital that has to be invested...not sure it will go away any time soon since the dry powder will help support valuations to a certain extent even if they come down with higher interest rates.