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Why Software is the fastest growing asset class in Private Equity

If you work in Software, there is a chance you are working at a company owned by a Private Equity (PE) firm.  PE firms bought (invested) more than $400B worth of tech companies in 2021, doubling what they did in 2020.  This accounted for 41% of $990B in overall PE

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Why Software is the fastest growing asset class in Private Equity