- Many people talk about the absolute value of PE dry powder. Indeed this hit a record last year of $2.2 trillion – fundraising continued (at a slower pace) against a dramatic slowdown in dealmaking.
- However “Dry-powder inventory (the amount of capital available to GPs expressed as a multiple of annual deployment) increased from 1.1 years in 2022 to 1.6 years in 2023 but remains within the metric’s normal historical range“.
- Source.
PE Dry Powder
