Private Equity 2024

Private Equity Trends and Developments in the Cayman Islands

The first half of 2024 has seen private equity capitalising on the strong recovery of the financial markets following a period of prolonged market volatility, sustained high interest rates and continued inflationary pressures, with the second quarter of 2024 seeing the highest level of private equity activity in two years. The significant surge in the number of deals, and deal value, reflects confidence in the financial markets and a clearer macroeconomic outlook, which is driving portfolio growth.

During this period of growth, sponsors have continued to look to the Cayman Islands when structuring and offering private equity products that provide strategies tailored to the current market environment, including technology, infrastructure, credit opportunities, market dislocation and special situations opportunities funds and products with regional or focused investment mandates, including environmental,