Is 40% of Private Equity About to Disappear?

📉 Is the Private Equity model fundamentally broken, or is it just a pause?In this episode of the Private Equity Experience, hosts Ed Barton, Rory Liebhart, and Emily Sander dive deep into the "structural reset" currently hitting the industry. Based on recent data from Cascadia Capital, the team debates whether the recent slowdown is a temporary cyclical pause or a permanent shift in how private equity operates.Inside this episode:The Family Business: Ed shares a personal update on hiring a "nepo baby" to navigate a challenging tax season.Structural Reset vs. Cyclical Pause: Why 30-40% of existing PE funds might not be operating in five years.The Rise of Secondaries: Understanding why continuation vehicles now make up 30% of PE exits.The Valuation Gap: Dealing with the "bid-ask spread" and the reality of 13x vs. 9x EBITDA multiples.Transparency is King: Why Limited Partners (LPs) are moving from a "just trust us" mentality to demanding hard numbers and predictable returns.Key Takeaways:Whether you are an investor, a business owner, or a finance professional, understanding these new market forces—from the $1.4 trillion in unrealized value to the increasing competition from family offices—is crucial for navigating the 2026 landscape.==============================🎙 Podcast – Strategies, PE 101 & witty banter📚 Book – On‑Ramp to Exit, full deal life cycle🛠 Resources – Free templates, guides, tools🔗 LinkedIn – Follow us for fresh PE insights================================Who Are We?Three insiders. One mic. All things private equity — explained. Hi 👋 We’re Ed, Rory, and Emily — a CEO, a CFO, and a Chief of Staff — here to demystify the world of private equity. Between us, we’ve sat in the founder’s chair, run PE‑backed companies, and worked on the deal side, so we know the wins, the pitfalls, and the jargon (and we’ll explain it).Through the Private Equity Experience Podcast, our book On‑Ramp to Exit, and a library of free tools and templates, we share real‑world stories, practical strategies, and insider insights to help you navigate every stage of the PE journey — whether you’re leading a portfolio company, joining a deal team, considering PE, or just PE‑curious.🔗Connect with Ed🔗Connect with Emily🔗Connect with Rory