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  "documentTitle": "Global Private Equity Report 2016",
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  "notes": "Includes deals with a final close; represents year deal was announced. Source: Dealogic.",
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      "text": "In North America, where the underlying dynamics were much the same as in Europe, sponsor-to-sponsor exits decreased by more than 19% from 2014, to just $33.7 billion. Valuations explain this difference...",
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      "text": "Regarding the route that offered the best exit prospects, the aggregate numbers mask how sensitive GPs were to market conditions in different parts of the world...",
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      "text": "The IPO portal. PE-backed IPOs last year dipped well below their remarkable 2014 peak, yet global IPO activity ended 2015 by posting its second-strongest year ever...",
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      "text": "Figure 1.23: In the US middle market, corporations have been more active buyers from PE funds than sellers to PE funds since 2010",
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