Whilst it is true that the major private equity houses are able to raise larger funds more quickly, the excess of dry powder in the market can only keep valuations high. (privateequityinternational.com)
With banks closed over the holidays, traders could be caught without dry powder in their cryptocurrency trading accounts, unable to top up fiat funds when they need to. (coindesk.com)
The need for some cash as dry powder applies to everyone, the only question is how much cash to have on hand. (25iq.com)