Private Equity Forum New York – Key takeaways

European funds editor Harriet Matthews hosts fellow funds editors
Tim Burroughs (managing editor, AVCJ) and Tom Cane (North
America) to discuss the insights they gleaned from the
Mergermarket New York Private Equity Forum, comparing and
contrasting this with PE activity in other regions, and
considering what the themes that emerged mean for the outlook for
the industry in the US.


European funds editor Harriet Matthews hosts global funds editors
Tim Burroughs (managing editor, AVCJ) and Tom Cane (North
America) to discuss the insights they gleaned from the
Mergermarket New York Private Equity Forum, comparing and
contrasting this with PE activity in other regions, and
considering what the themes that emerged mean for the outlook for
the industry in the US.


Attendees gathered at the Pierre Hotel in New York on 30 April to
share insights on the US PE market, exploring topics including
exits, value creation, valuation, GP-led secondaries, private
credit and the appeal of various sectors.


The Mergermarket team shares key takeaways from the day,
summarising the perspectives of GPs and LPs. Cautious optimism
was in the air, with an uptick in exit volume in 1Q 2024
bolstering hopes for a reopening of the exit market.


Challenges remain in dealmaking and fundraising, however.
Valuations have yet to be truly tested, with only the best assets
typically trading over the past 12 months. Meanwhile, LPs are
continuing to work out how to manage their liquidity, with
distributions having fallen significantly from a high point in
2021.


The team also provides insights on how the US outlook compares of
that in Europe and Asia when it comes to secondaries and
dealmaking, as well as the geopolitical climate.


Introduction – 0:34


Dealflow and valuations – 1:30


The exit outlook – 4:17


GP-led secondaries – 6:33


The fundraising market – 9:48


Further themes: value creation private credit – 12:53


The US elections and the H2 outlook – 15:21


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platforms, including Spotify and Apple Podcasts.


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Theme music: 2012 Kick Up The Fire