Are extremely long take home assignments in interview processes the norm now, or am I unlucky?

In the last 2 months I’ve been referred to 2 roles, both at private equity firms coincidentally (edit: 1 was actually VC). Both times I’ve been asked to complete take home assignments that are quite long within 2-3 days. Like multiple relatively complex modeling tasks on unclean data, in jargon-heavy domains, with a decent chunk of written analysis expected. I realized they’re not expecting perfection, but even a sloppy write up would take at least 8 hours of my time …

datascience edit equity home interview modeling multiple private equity processes roles