2023 is set to be a year of continued economic disruption for
PE. IPEM's fifth annual Private Equity survey published this
year, developed in collaboration with AlixPartners, acts as a
litmus test for the industry, as 188 European GPs gave us their
views on the road ahead.
The economic threats of inflation, interest rates, and funding
availability have superseded the threat of climate change and its
consequences. However, the internal priority list for firms in 2023
is topped by ESG once again (72%).
Fund Reporting/Transparency also features highly, with an
increased focus to be placed on this area again this year. Climate
action is cited as the most important ESG priority for 2023, while
69% of GPs agree that PE can provide serious answers to
climate.