Private Equity in 2025: Between Recovery Momentum and Cautious Optimism - McDermott Will & Emery

Private Equity in 2025: Between Recovery Momentum and Cautious Optimism

Overview


After a dynamic 2024 for private equity, marked by a rebound in transactions and a strong comeback for LBOs, the outlook for 2025 is encouraging. The mid-market should see a recovery in inflows, supported by lower interest rates and geopolitical stability. Exits, although held back by unliquidated investments, are showing signs of recovery, while GP-led transactions continue to grow, with strong demand for continuation funds.

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