ACG Cleveland Special Editorial 2022: 2021: A record-setting year in private markets
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Private market activity was strong on all fronts during 2021. Fundraising and deal making set new records. Robust exit activity drove significant liquidity for limited partners. Venture investments that previously took a decade or more to generate liquidity exited much quicker, aided by a strong IPO market and a resurgence in Special Purpose Acquisition Companies (SPACs).
