

Will Dealmaking Boom Under Trump? Lazard CEO Peter Orszag Weighs In
6 snips Jan 12, 2025
Peter Orszag, CEO of Lazard and former director of the Office of Management and Budget under Obama, engages in a fascinating discussion about the future of M&A dealmaking, expected to surge by 2025. He shares insights on how potential tariffs and a second Trump administration could reshape the financial landscape. The conversation also highlights an innovative advisory council led by Elon Musk and Vivek Ramaswamy, aimed at enhancing government efficiency. Plus, the hosts dive into rising bond yields and significant trends in the media and banking sectors.
AI Snips
Chapters
Transcript
Episode notes
2023 Dealmaking Slowdown
- Dealmaking slowed in 2023 due to rising interest rates, financing issues, and increased antitrust concerns.
- These factors created uncertainty and a disconnect between buyer and seller valuations.
Private Equity and Secondaries
- Private equity activity declined in 2023 due to valuation disconnects and financing market challenges.
- This led to an increase in secondaries fundraising as investors sought liquidity.
Tariff Impact
- Tariffs are likely to be inflationary, depending on their extent and level.
- The Fed will monitor the interplay between this inflationary pressure and other economic forces.