Private Equity Is Finally Recovering—but Investor Returns Just Hit a Record Low

A new report from Bain & Company has the good news—and the bad.

BY BRIAN CONTRERAS, STAFF WRITER @_B_CONTRERAS_

What’s the point of making a good investment if you can’t get your money back from it?

That’s the question that some investors may be asking as they read Bain & Company’s new Global Private Equity Report 2026, which indicates that although deal and exit values increased in 2025, returns to investors have in fact been record-breakingly sparse.

First, the........

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