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BEARISHSubstantive discussion · 3/5

Private equity faces tricky exit environment

The bearish case argued: private equity portfolios are stuffed with assets at elevated valuations, creating a tricky exit environment as public markets offer lower multiples and fund lifecycles demand capital returns.

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The story so far
CONTESTED · 147 MENTIONS · 87 EPISODES · 31 SHOWS
24 JUL 2025 — 16 AUG 2026 · 2D AGO
79 SUPPORT · 33 CHALLENGE · 2 REPEAT · 33 MENTIONED
  1. 24 JUL 2025 · FIRST HEARD
    THE ACQUIRERS PODCAST
    • Private equity faces tricky exit environment · THIS IDEA
  2. 53 EPISODES BETWEEN · 85 MENTIONS · 27 NOT KEPT
    1. 27 EPISODES NOT SHOWN
    2. 10 FEB 2026
      THE INSIGHT BY OAKTREE CAPITAL · 3 MENTIONS
    3. 10 FEB 2026
      THE LONG VIEW
    4. 11 FEB 2026
      ANIMAL SPIRITS · 2 MENTIONS
    5. 17 FEB 2026
      THE JULIA LA ROCHE SHOW
    6. 25 FEB 2026
      THE COMPOUND AND FRIENDS · 2 MENTIONS
    7. 25 FEB 2026
      ANIMAL SPIRITS
    8. 28 FEB 2026
      THE JULIA LA ROCHE SHOW
    9. 4 MAR 2026
      THE COMPOUND AND FRIENDS · 2 MENTIONS
    10. 4 MAR 2026
      ANIMAL SPIRITS
    11. 4 MAR 2026
      THE ALPHA EXCHANGE
    12. 6 MAR 2026
      FORWARD GUIDANCE
    13. 6 MAR 2026
      THE COMPOUND AND FRIENDS · 2 MENTIONS
    14. 7 MAR 2026
      THE POMP PODCAST
    15. 7 MAR 2026
      THE JULIA LA ROCHE SHOW
    16. 11 MAR 2026 · CHALLENGES
      ANIMAL SPIRITS · 4 MENTIONS
    17. 16 MAR 2026
      REAL VISION DAILY BRIEFING
    18. 17 MAR 2026
      THE KNOWLEDGE PROJECT
    19. 17 MAR 2026
      THE COMPOUND AND FRIENDS · 3 MENTIONS
    20. 18 MAR 2026
      THE POMP PODCAST
    21. 19 MAR 2026 · CHALLENGES
      THE ACQUIRERS PODCAST
    22. 19 MAR 2026
      EXCESS RETURNS · 2 MENTIONS
    23. 19 MAR 2026
      MACROVOICES
    24. 20 MAR 2026 · CHALLENGES
      BUSINESS BREAKDOWNS · 3 MENTIONS
    25. 20 MAR 2026
      THE COMPOUND AND FRIENDS
    26. 23 MAR 2026 · CHALLENGES
      GOLDMAN SACHS EXCHANGES · 6 MENTIONS
    27. 24 MAR 2026
      THE MEMO BY HOWARD MARKS · 2 MENTIONS
    28. 25 MAR 2026
      ANIMAL SPIRITS
    29. 26 MAR 2026
      THE RATIONAL REMINDER PODCAST · 3 MENTIONS
    30. 26 MAR 2026
      EXCESS RETURNS · 3 MENTIONS
    31. 29 MAR 2026
      MONETARY MATTERS WITH JACK FARLEY · 2 MENTIONS
    32. 30 MAR 2026
      CAPITAL ALLOCATORS · 4 MENTIONS
    33. 31 MAR 2026
      THE JULIA LA ROCHE SHOW
    34. 31 MAR 2026
      GOLDMAN SACHS EXCHANGES
    35. 31 MAR 2026
      THE ALPHA EXCHANGE
    36. 1 APR 2026
      ANIMAL SPIRITS
    37. 3 APR 2026
      FORWARD GUIDANCE
    38. 6 APR 2026
      ANIMAL SPIRITS
    39. 6 APR 2026
      THE COMPOUND AND FRIENDS · 3 MENTIONS
    40. 8 APR 2026
      ANIMAL SPIRITS
    41. 8 APR 2026
      MONETARY MATTERS WITH JACK FARLEY · 3 MENTIONS
    42. 9 APR 2026
      THE MEMO BY HOWARD MARKS
    43. 13 APR 2026
      FINTECH INSIDER PODCAST BY 11:FS
    44. 18 APR 2026
      MONETARY MATTERS WITH JACK FARLEY
    45. 21 APR 2026
      THE JULIA LA ROCHE SHOW
    46. 21 APR 2026
      THOUGHTFUL MONEY
    47. 22 APR 2026
      GOLDMAN SACHS EXCHANGES
    48. 24 APR 2026 · CHALLENGES
      THE BUSINESS BREW
    49. 22 JUL 2026 · 4W AGO
      EURODOLLAR UNIVERSITY
    50. 23 JUL 2026 · 4W AGO
      THE JULIA LA ROCHE SHOW
    51. 26 JUL 2026 · 3W AGO
      THOUGHTFUL MONEY
    52. 26 JUL 2026 · 3W AGO
      MOTLEY FOOL MONEY
    53. 31 JUL 2026 · 3W AGO
      ODD LOTS
    54. 5 AUG 2026 · 2W AGO
      CAPITAL ALLOCATORS
  3. 7 AUG 2026 · 2W AGO
    EURODOLLAR UNIVERSITY · 2 MENTIONS
  4. 9 AUG 2026 · 1W AGO
    EURODOLLAR UNIVERSITY
  5. 11 AUG 2026 · 1W AGO
    THE COMPOUND AND FRIENDS
  6. 12 AUG 2026 · 6D AGO
    EURODOLLAR UNIVERSITY
  7. 15 AUG 2026 · 3D AGO
    THE JULIA LA ROCHE SHOW · 2 MENTIONS
  8. 16 AUG 2026 · 2D AGO
    MONETARY MATTERS WITH JACK FARLEY
HOW THE SHOWS HAVE DISCUSSED THIS THESIS OVER TIME · NOT A PERFORMANCE RECORD
NOT INVESTMENT ADVICE · A SUMMARY OF WHAT WAS SAID ON THE PODCAST · VERIFY AGAINST THE SOURCE
Private equity faces tricky exit environment · Zortix