PE Firms in Bidding Wars for Fast-Growing RIAs: Cerulli

News July 22, 2025 at 05:33 PM
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What You Need To Know

  • Valuations have remained high despite higher interest rates and the 2022 market downturn.
  • Private equity is hoovering up firms as small as $2 billion to $3 billion in assets under management.
  • But PE firms face growing competition from minority investors and firms that offer private credit.
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