07
Oct
US private equity outlook: opportunities amid uncertainty
Whilst 2025 was expected to be a banner year for private equity and M&A activity in the US, markets continue to await clarity on tariffs, interest rates and macroeconomic policies. Despite this, private equity activity remains positive, with Mergermarket reporting exit volumes reaching USD 108.3bn across 143 deals in Q1, nearly 2.5x more compared with the same period last year, and buyout activity rising 44% to USD 82.8bn in the quarter so far. Our panel of top regional GPs will unpack what to expect in 2026.
- What are the main drivers of deal flow in the US, and how have macro, political, and regulatory issues impacted private equity dealmaking in 2025?
- Which sectors and geographies show promising growth in the next six months? Are GPs increasingly looking abroad for deal opportunities?
- Will improved financing costs and a convergence of buyer and seller price expectations improve dealmaking and exit activity?
- As GPs seek exit routes and strategic buyers regain confidence, will 2026 be the year that 2025 was expected to be?
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SpeakersErika López Partner Baker McKenzie
Peter Huff Founder and Managing Member Blue Sage Capital
Carl Press Partner Thoma Bravo
Kathy Reiland Investor Integrum
Karl Schade Founder and Managing Partner Presidio Investors
Preston Thomas Managing Director Peak Rock Capital
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