Ryan Van Wagenen Global Private Equity Trends - New York Training Pre Ryan_Van_Wagenen__Global_Private_Equity__2018 | Page 10

Ryan Van Wagenen - Global Private Equity •  The falling deal count reflects a few factors. First, deal size has increased, driven mostly by mul8ples, making each deal a more significant commitment for GPs •  Second, targets are harder to find and some (though not all) GPs are more cau8ous, pursuing only those deals where they think they can realis8cally achieve a[rac8ve IRRs