Sloane: PE DPI Slump Creates Succession Logjams and Withholds Carry
Alex Sloane · Alex Sloane & Matt Perelman – Buy-and-Build Playbook in the Core Economy at GSP (EP.499) · Apr 27, 2026 · at 54:52
Alex Sloane, co-founder of Garnett Station Partners, discusses how industry-wide liquidity delays allow his firm to recruit senior talent from established private equity firms.
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“One of the effects of the DPI problem in the broader industry is not just on LPs. It's also on investors, right? And you think about VP, principal, MD, even partner level investors who've been at firms for a while and haven't seen their carry paid out. There are succession log jams that have only gotten worse.”
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