Andreessen Horowitz asks whether private equity is cooked as tech buyouts shrink
Photo: Crypto Briefing
Private equity’s share of global tech buyout deals has fallen from 34% in 2023 to 11% in early 2026. That is roughly two-thirds of its footprint gone in about three years. Kha opens with an observation that sounds like gossip from an LP dinner, but she backs it with data. Here is the odd part. Limited partners, the pension funds and endowments that supply the cash, keep re-upping with the same buyout managers anyway. Kha’s explanation is habit.
Source: Crypto Briefing
