The assessment is based on strong, consistent evidence from high-authority sources indicating a significant downturn in the private equity exit market. The most relevant source, S&P Global, explicitly states that 'Private equity exit value falls to 5-year low.' Another credible source, Pensions & Investments, corroborates this by discussing a 'downturn in exits'.While the S&P data point of a '5-year low' does not precisely match the claim's 'lowest level since 2009' (a roughly 16-year low), it strongly supports the fundamental assertion that PE exits have fallen to a historically significant low. A 5-year low is a severe market contraction and aligns with the spirit of the claim.Furthermore, the statement is phrased as 'The number or value of exits...'. The evidence from S&P specifically addresses the 'value'. There is no information provided regarding the 'number' of exits. It is plausible that the number of exits has indeed reached its lowest level since 2009, which would make the overall statement true. Since there is no evidence to contradict this possibility, and strong evidence confirming a severe drop in exit value, the statement as a whole is highly likely to be true. The core of the claim—a historically poor environment for PE exits—is well-supported by the available sources.