Mergermarket Private Equity Forum New York

Kickstarting the first chapter of our three-part US Private Equity Series!

The Pierre, A Taj Hotel, New York

30 Apr

US private equity outlook – cautious optimism

Private equity dealmaking in the US continues to be impacted by heightened interest rates, inflationary pressures and economic and geopolitical instability, affecting fundraising, deployment and exit activity. According to Mergermarket data, North American leveraged buyout volume dropped to 21% to USD 176bn in 2023, the lowest total since 2020, spurred by high financing costs and a valuation gap between buyers and sellers. However, with expected interest rate cuts and dealmakers facing increased pressure by their investors to put dry powder to work, it is predicted that the deal market will return, with the PE market entering a new growth cycle in 2024. Our panel of leading GPs will unpack what to expect in the year ahead.

  • How are macro and regulatory headwinds continuing to impact dealmaking and what are the main drivers of deal flow in the US? Will we see more corporate-carve outs and add-ons?
  • Which sectors still show promising growth in the next six months?
  • How are GPs dealing with the pressure from LPs to return capital in the year ahead?
  • Exit challenges- how are GPs finding ways to keep capital flowing, and what are some paths for liquidity for both GPs and LPs? Is 2024 set for a potential rebound?

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  • Speakers keyboard_arrow_down
    Neha Champaneria Markle Managing Director and Head MORGAN STANLEY PRIVATE EQUITY SOLUTIONS Bio
    Fayez Muhtadie Co-Head of Private Equity and a Managing Director STONE POINT CAPITAL Bio
    Kathy Reiland Investor INTEGRUM Bio
    Dave Tayeh Head of Private Equity – North America INVESTCORP Bio
    David Silverman Partner COOLEY Bio