Middle Market PE

Private Equity DPI: The Liquidity Metric That Matters in 2025

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Private Equity DPI: The Liquidity Metric That Matters in 2025

Summary Summary — DPI That Pays (Not Just Paper) Start: 60-sec primer — DPI vs TVPI vs RVPI (net of fees) + one mini example. Quantify the gap — compute ADR / distribution yield and DPI Pace (DPIP); show why cash ≠ marks. Frame “The Great Elongation” — exited holds vs current portfolio age; explain … Read more

Mega-Fund vs. Middle-Market Private Equity Careers: A 2025 Guide to Where 80% of Deals Actually Happen

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Illustration comparing middle-market vs. mega-fund private equity, showing the majority of deal-flow arrows pointing towards the smaller middle-market firm, representing where most middle-market private equity careers is where most deals happen

77% of U.S. buyouts in Q1 2025, or nearly 8 out of 10 deals, happened in the middle market, and ~70% were below $500M in enterprise value per PitchBook’s latest data. This stat blows up the “mega-fund or bust” myth that resonates through the deep, dark Wall Street Oasis forums, and points to middle-market private … Read more