Citi Buyout Banker Sees More PE Firm Exits After US Election.

Private equity firms are facing pressure to sell off companies and return cash to investors, with selling activity expected to increase after the US election, according to Anthony Diamandakis, the global head of Citigroup's global asset managers team. Diamandakis predicts that selling activity will pick up between 2025 and 2027 to make up for a lack of exits in previous years. Despite some private equity deals falling apart due to disagreements over price, earnings have generally been strong and operating performance has been good. Diamandakis also expects to see more take-private activity and a focus on technology and tech-related deals. [Extracted from the article]