13.04.2021 North American private equity sits on a record dry powder pile of almost $980bn
Laxman Pai, Opalesque Asia:

North America-based private equity firms boasted a record-high $976bn in dry powder as recently as last September, said a study.

According to the Preqin study, the amount of dry powder as of September 2020 made up just less than a third (32.5%) of the total $3.0tn in AUM, which is slightly below the 10-year average of 32.6%.

"The dry powder pile, coupled with

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