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Warburg Pincus CEO Jeffrey Perlman on distribution drought
CNBC Television· 2026-05-06 19:45
public markets have been good and I think what happened was really twofold that's held back the industry in terms of distributions. One is a lot of folks forgot vintage diversification. They invested way way way too much in the 21 vintage.You know this is >> software and tech >> and and everything. Um and this is again a very pro-yclical industry. Investors like to invest a lot when times are really good and then they tend to stop during periods of stress and uncertainty and 21 was just magnified to a whole ...