Bain & Company's Global PE Report 2024 Flashcards
1
Q
Market Challenges 2023
A
dealmaking: global buyout deal value dropped, sharpest decline since 2016
exits: exit activity decreased
fundraising: fund closures fell by 38%
2
Q
Liquidity Imperative
A
LPs faced cash flow constraints due to slower distribution, reducing their ability to reinvest in new funds
GPs must innovate liqudity solutions to manage aging assets
3
Q
Key Insights for 2024
A
1) value creation as a priority -> GPs must focus on operational improvement
2) evolving market dynamics -> PE is filling gaps left by banks, dealmakers expected to deploy record-high dry powder
3) professionalized fundraising -> competition for capital is intensifying
4) sector shifts -> technology remains dominant, but industrials gaining facor as stable investment
