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  "documentTitle": "Global Private Equity Report 2016",
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  "notes": "The chart uses a grouped bar format with horizontal red lines indicating the median IRR for each time period.",
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      "text": "Returns have fallen since the boom-year exits and have begun to converge across exit channels.",
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      "kind": "paragraph",
      "text": "Let's examine how exit-channel dynamics played out across the globe last year. Sales to strategic acquirers. Cash-rich corporations accounted for the lion's share of buyout-backed exits in 2015...",
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      "text": "Source: CEPRES",
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      "text": "Figure 1.21: Returns have fallen since the boom-year exits and have begun to converge across exit channels",
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