Video: ‘Nervous’ over Mounds of Undealt Private Equity Capital


High average deal multiples and record sums of uninvested capital, or dry powder, spell potential trouble for private equity returns, according to Andrea Auerbach, Head of Global Private Investment Research at Cambridge Associates. She explains that the “largest funds walking in the industry have the most dry powder they’ve ever had. And they need to put it to work.” Read the transcript and video the 4:52-minute video here.