First quarter numbers
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PitchBook’s Q1 US PE Breakdown Report is out. The first quarter saw an estimated $330.8 billion invested, a strong showing and the third highest quarter we’ve calculated. It’s not quite as high as the back half of last year, which saw $372.3 billion invested in Q3 and a record $387.3 billion in Q4. Still, a would-be pace of $330 billion per quarter would catapult 2022 above the $1 trillion mark again.