2014 Private Equity Outlook

The market environment for new commitments to Private Equity Investors is not broadly favorable, as investors face a variety of headwinds to performance. Rising distributions and increased fund raising has led to record amounts of dry powder, which has driven up valuations and may result in a crowded future exit environment. However, we have found that attractive valuations may still be found in the following areas:

  • European markets, where dislocations are apparent, including direct lending
  • Smaller, niche sectors or companies that are overlooked by Private Equity mega-funds
  • Special vehicles, timely opportunities and other unique offerings