Following the eighth edition of the IPEM conference in Cannes, Harriet Matthews and Min Ho share what they gleaned from their conversations with market participants there, looking ahead to how this is likely to shape the private equity industry in 2023.
A couple of weeks on from the conference and with the reporting team now firmly reinstalled in the City of London, the themes and concerns raised by industry professionals at the conference are still present.
Although fundraising and dealmaking obstacles remain, sponsors are looking for ways to overcome these, seeking out resilient companies or those with significant value creation potential.
Bright spots also include value investing, impact and healthcare – and it is good news for those who are ready and willing into this challenging environment.
1:29 - A change in sentiment
3:33 - Fundraising woes
5:20 - Valuations in question
6:51 - Bright spots?
9:19 - LP preferences
10:53 - The road ahead
Theme music: ©2012 Kick Up The Fire
Multi-family office has seen strong appetite, with investor base growing since 2016 to more than 90 family offices, Meiping Yap told Unquote
Sponsor deploys Permira VIII to ride new wave of take-privates; Blackstone commits GBP 200m in financing for UK-based CRO
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
EQT and Cinven seen as bellweather for funds to reassess options for listed assets trading underwater