JP Conte’s Case for Patient Capital in a Market Where Megadeal Competition Keeps Rising
The private equity market has split into two tracks. At the top, 47 megadeals valued at $5 billion or more closed through the first nine months of 2025, pacing 31% above 2024’s count, per PwC. Below that tier, mid-market sponsors are competing for a narrowing pool of quality assets while fund-stage constraints press harder on…