The exit bonanza continues
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Through Q3, PE exit activity is well into record territory, according to PitchBook’s latest US PE Breakdown. We’re estimating $638.3 billion in exited capital so far, including a blockbuster $283.7 billion exited in the third quarter alone. That’s a record by a wide margin, eclipsing the old record of three months ago (Q2) of $202.8 billion. The past two quarters have combined for over $486 billion of exits, which is more than any single year in our dataset.