With exits experiencing a lull and GPs sitting on a pile of dry powder, midmarket players are turning to buy and build like never before. In this issue, Real Deals dives deep into the current market, exploring how savvy GPs are consistently picking winners and creating value (see pages 10-11).

In this year’s Future 40 MidMarket Investment Leaders (see pages 13-19), we celebrate the rising stars who are shaping the industry's future.

Also in this issue:

• Roundtable: How portfolio boards are driving value
• Q2 Market Tracker
• How GPs are adapting to meet LPs’ needs

All the above plus our regular Deals in Focus, Funds in Focus and more from the Real Deals team can be accessed via the links below or the e-reader opposite. Happy reading!