For Q1 2025, based on preliminary analysis, NB Private Markets currently anticipates that buyout funds (including growth equity) will increase in value by an average of 2.4% in USD. Venture capital funds will remain relatively flat with an average increase in value of 0.5% in USD. The quarterly distribution rate increased year-over-year in the first quarter but decreased sequentially and remained relatively low by historical standards.
As private equity funds begin to report their Q1 2025 valuations, NB Private Markets proactively monitors these releases and performs analysis to obtain a preliminary sense of valuation changes in the private markets. Our analysis is conducted off a broad sample of private equity funds and can be useful in formulating forward-looking expectations for valuation marks.
