How is the activity in PE right now?

Was in IB during the spring and during the end of my internship, it was completely dead and people went home at 6 pm. Heard the same thing from friends in LevFin. I will head into a PE internship in a few weeks and it would be great to know what the hours/activity is like at the moment. I'm asking specifically for buyout funds and would love some input for Europe if possible. Thanks!

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