Private equity faces 10.8-year backlog as 33% of 2017 buyouts remain unsold
AI Summary- PitchBook says U.S. private equity firms still hold 33% of 2017 buyout deals.
- Exit rates imply clearing the inventory would take more than 10.8 years.
- The 2021 vintage had monetized 18% after four years, versus 31.9% for 2017.