Recent Wave of Exits Differentiated U.S. PE Fund Managers

The boom in private equity-backed selling observed over the past few years, cresting in 2015, yielded rich returns for certain U.S. buyout funds. More than that, it proved a differentiating area for the top tier of U.S. fund managers. As illustrated by the chart above, certain vintages far outpace others in the long run in terms of IRR, while the financial crisis