With a recession less likely this year, is the timing—after all these months—ripe for a rebound in deal work?
According to Pitchbook, the proverbial private equity dry powder (which in the last 18 months seems more like permafrost) sits at $1.35 trillion, only 9.7% off the record high. That has been looming for some time. But now corporations have become flush with cash, with holdings in excess of $4 trillion in Q1, just 3.3% off the all-time high.
