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Private Equity

The Industry Today

Today, there are approximately 7,000 private equity firms worldwide (with 5,000 firms located in the United States), according to the American Investment Council. Total assets under management (AUM) reached $4.4 trillion worldwide in 2022. Private equity fund holdings are expected to increase at a compound annual growth rate of 10.2 percent from 2021 to 2027—reaching $7.6 trillion in value by December 2027, according to the alternative investment research firm Preqin, overtaking hedge funds as the largest alternative asset class. In 2019, the 20 largest private equity funds received 39 percent of all committed capital, according to Preqin, up from 29 percent of committed capital in 2014.

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