ISSUE – Apr. 17 | Is the PE industry on pace for lower net cash flows?

Since 2012, net cash flows of private equity funds worldwide have been positive—the last three years with full returns each handily exceeding $130 billion. With returns through the middle of 2016, however, last year’s net cash flows stand at $27 billion, putting the back half of 2016 under considerable stress to even leave the year at more than $100 billion. [ PitchBook ]