Side Letter: Allocation adjustments
PE's exit drought is prompting LPs to rethink their long-term allocations; Ares strikes its first PE deal Down Under; CVC's 12-year hold comes to fruition.
16 December 2025•4 mins read
PE's exit drought is prompting LPs to rethink their long-term allocations; Ares strikes its first PE deal Down Under; CVC's 12-year hold comes to fruition.