Global Private Equity Report 2024

This document is the Global Private Equity Report 2024, which outlines the current state and outlook of the private equity industry. It details the significant declines in deal value and exit value observed in 2023, with deal value falling by 37% and exit value decreasing by 44%. The report highlights the challenges faced by private equity firms, including a notable drop in fund-raising, with 38% fewer buyout funds closing. It discusses the impact of rising interest rates, specifically a 525-basis-point increase from March 2022 to July 2023, which has stalled deal-making activity. Despite these challenges, the report notes that interest rates have stabilized and a substantial amount of capital, referred to as dry powder, is available for deployment. The document emphasizes the need for innovative approaches to value creation and liquidity solutions to navigate the current market conditions and improve the outlook for 2024.