Advent Sees Buyout Firms Under Pressure to Return Cash And Fast.

Private equity investors are pressuring the industry to pursue more exits in order to receive their money back sooner, according to Johanna Barr, a managing director at Advent International. Barr believes that rate cuts will provide more clarity on asset pricing and lead to increased deal activity. While private equity exits and fundraising have been slow this year, industry experts are hopeful for a rebound in the coming months. However, Scott Kleinman of Apollo Global Management warns of lower valuations and lower returns in the future. Despite this, Barr remains optimistic, citing the industry's ability to navigate high interest rates in the past. [Extracted from the article]