After years of easy access to cheap money, conditions in private equity (PE) tightened in 2023 on the back of inflation and the subsequent rise in interest rates. Less deals were done, and fundraising was far from easy.

In 2024, while there are opportunities to be had, as some of these themes persist, experts advise investors think more carefully and strategically about their PE allocations this year; it's all about choosing the right companies with the right management to ensure value creation.

In this special feature, fund managers, superannuation funds and financial advisers share their views on the outlook for PE in the year ahead, saying a shift to operational value-add will serve as a key driver of returns.

Read more in the Financial Standard special feature.