Across the financial industry, the term “dry powder” gets thrown around a lot. What started as a slang term with historic ties is now a well-known word with relevance across the global capital markets. In fact, the PitchBook Platform currently tracks more than 12,000 investors whose fund dry powder percentage is at least 10%. In this article, we take a closer look at what dry powder is, its history and a few ways investors can leverage it.
