Looking ahead to Q2
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Q1 is drawing to a close. PitchBook’s updated US PE Breakdown will be released in about two weeks (our 2022 Annual Breakdown is available here), but in the meantime, there’s building sentiment for another down quarter. In his email this morning, Dan Primack was dripping with anticipation about the closing quarter (“like molasses sliding out the bottle”), and he quoted senior dealmakers who could only muster optimism for the back half of the year.