Deals are expected to fall far short of 2021’s record-breaking level.
In a tough time for investments, the fund logs a 1% portfolio increase.
The buyout firms are increasingly popular among institutional investors—Carlyle just raised $27 billion.
With stocks and bonds offering meager futures, pension plans and other investors find under-appreciated VC beats another alt, private equity, which grabs all the attention.
Managers see increase in negotiating leverage as investors flock to asset class.
Public equity outperforms, while fixed income lags behind.