Private equity runs on exits. When exits slow down, everything else starts to feel tighter: fund timelines, liquidity planning, and even conversations with investors.

That’s where many sponsors are today. Exits are taking longer, buyers are tougher on price, and financing isn’t as easy as it used to be, so more companies are staying in portfolios past the “normal” timeline. That means slower distributions, more pressure from limited partners (LPs), and more questions about when liquidity will arrive, not just how well the assets are performing. READ MORE