“Going into 2024, we believe the record-high dry powder reserves suggest potential for significant PE activity as values slowly recover and conditions improve…”

— José Luis González Pastor, Managing Director

The past few years, including 2023, have been a roller coaster for investors in public markets, filled with unprecedented waves of shocks, including a pandemic, monetary stimuli, high inflation, and quick increases in interest rates to levels not seen in more than a decade. However, if we look at the private equity asset class, the ride has been less bumpy in comparison, exemplifying once again some of the main virtues of private equity across cycles: attractive performance across cycles, outperforming public markets over long periods of time and lower volatility.

Click below to read José Luis González Pastor’s latest Outlook, recently published in LiveWire.