The Drop in Returns in the Private Equity Markets

We had the lowest level of aggregate capital that's been raised since 2015 actually in Q four of this year, which isn't charted. And we've also seen from the public markets when we look at our exits IP there's almost no IPOs and they've come down tremendously. Scary is that we're seeing less money being recycled around because of the times that we're in right now. But once this clears out and we're in a much better favorable environment where things can exit. We'll go up again. It's just right now things have slowed down a lot.

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