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2min chapter
The Wealth Paradox (EP.318)
Animal Spirits Podcast
The Rise of Private Equity Dry Powder
A chart from S&P global private equity dry powder sought to a record $2.49 trillion around the middle of 2023 greater than 11% increase over the December 2022 total. This is just the difference between the amount of money that is committed to a fund. So when you say it's a number that is factually maybe directionally correct, but doesn't necessarily have any deeper meaning,. It's not predictive. You can see it's constantly rising over time because there's been more investments in private equity.
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