The Private Markets Update highlights key developments emerging
from private markets across Europe, the UK and the United States,
exploring the cross-border issues that matter to investors and
sponsors in alternative assets.
In this edition, we examine developments in the markets over the
first half of 2024, and highlight some of the key issues facing
investors as we move into the second half of the year.
PRIVATE MARKETS FOREWORD: THE START OF A LOT MORE
This year began with a lot of expectation. There was an
expectation (and hope) that interest rate reductions would be
forthcoming (along with other macro softening), that some of the
challenges underpinning reduced merger and acquisition (M&A)
volumes would fall away, that financing markets would become more
accessible, and that political uncertainty would wane and a period
of stability would underscore a strong return to growth.
