News & Events

Michael Wolitzer, Head of the Firm’s Investment Funds Practice, was quoted in an article in FundFire, a Financial Times publication, titled, “Private Equity Saw Five Years of Scorching Growth. Is the Run Over?” The article analyzed five years of quarterly statistical reports about Form PF data from the SEC through the end of 2022. The data showed a steady rise in the number of managers, funds and assets across the major alternative investing markets, with a big share of the growth coming from the private equity industry. With the market now growing at a slower pace, Michael explained that is likely a result of consolidation, noting, “that’s a sign of a maturing industry after hyper growth.” He also noted that a wider round of consolidation is likely, saying, “you’ll see greater amounts of capital raised by larger firms. And you’ll see firms acquiring other firms, teams joining larger platforms.”

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