That HVAC company is not a trades business.
A continuation fund lets a PE firm sell an asset to itself instead of to a third party. How it compares to a traditional exit, when each is the honest choice, and the operator's tells for which one you are really in.
A categorised, honest guide to the best private equity newsletters in 2026, grouped by role: daily deal flow, institutional trade reads, operator-focused newsletters, and commentary.
The average tenure of a Chief Financial Officer at a private-equity-backed company in 2026 is 2.5 years. That is roughly half the 5.6-year average for public-company CFOs, and it means a typical portfolio company runs through two CFOs during a 5-year hold period. The pattern is now the