In a November 2024 article, Cliffwater showed the EBITDA multiples for private and public equity for the 27-year period from 1997 through the third quarter of 2024. Multiples were measured by the ...

Structural advantages and market shifts seem likely to support a return to form for this enduring asset class. While private equity has long been celebrated for its ability to deliver outsized returns ...

Despite this week's correction, the US equity market remains in a rarely seen territory. By nearly every historic measure, valuations are off the charts. The situation leaves investors priced for an ...

A recent analysis of the FP Transitions database—backed by over 17,000 firm valuations—revealed a powerful truth: the most valuable financial advisory firms are those that invest in next-generation ...