Business Strategy

Longer Hold Periods Move the Value Creation Burden From the Deal Team to the Operator

Private equity is holding companies longer than it planned to. PitchBook’s second-quarter 2026 read shows sponsors keeping their best assets off the market, and CapitalPad’s June analysis traced it to a selective exit market that contracted faster than the portfolios did. Hold periods that were underwritten at five years are now running into their sixth

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