Merger and acquisition (M&A) deals in North America and Asia-Pacific are set to rise this year while Europe, the Middle East and Africa and Latin America are forecast to see falls, according to data from Intralinks Deal Flow Predictor.
US and UK public pension plans announced 215 new private equity mandate awards in the last quarter of 2018 for a total of 954 for 2018, according to eVestment data.
Although the private equity industry is seeing an unprecedented period of fundraising with first-time funds accounting for a quarter of vehicles closed in 2017 they secured just 6 per cent of total capital raised. This was a 10-year low.
Many middle-market deal making professionals in New York have lowered their expectations of the Trump administration having a positive effect on the private equity market.