I think there's going to be a lot of benefit to being one of the 1-3 PE Associates/VPs at your shop that can actually climb the ladder or are sharp enough to get poached.
A lot of your competition is going the ETA route, trying to do AI, going back to banking, or taking a career break to go get an MBA.
PE is a world of troughs and crests and not all PE shops are actual dead-ends - it just looks like a dead-end for a few years.
Still, if you can leave finance and become a Brad Lightcap, then go do that.
Hard to blame midlevel Private Equity professionals for wanting to dip.
Carry is hogged by the Seniors!