Private Equity Firms Smashed Their Old U.S. Spending Record By $500 Billion In 2021

BIG THINGS

1. PE’s quantum leap

A mere two years ago, in 2019, the U.S. private equity industry soared to previously unseen heights. Investors completed 5,759 investments with a combined value of nearly $755 billion. Both figures were higher than any other annual total on record.