Private equity typically look for an exit between three and five years, however, some funds can be up to 10 years.
Ultimately the management will decide when the moment is right for an exit and there is no minimum period the private equity house are required to hold their investments.
On an exit private equity require a clean exit with no warranties given by the private equity houses.
Types of exit
Private equity aim to get a return of 30% internal rate of return and 2.5x to 3x money multiple return on initial investment.