Private equity is on track for sluggish growth over the next five years as inflation and macroeconomic uncertainty take their toll on investments and investors shift capital to lower-risk asset classes, a new report from Preqin Inc. predicts.
Preqin forecasts continued but slower expansion of assets under management for the global private equity industry, totaling $7.6 trillion by 2027. That would represent an 80% increase from the industry's collective AUM today, which the report estimates at $4.2 trillion. READ MORE