
The Private Equity Podcast, by Raw Selection
The Current State of Private Equity and the Outlook for the Rest of 2024 with Drew Schardt
Oct 1, 2024
Drew Schardt, Vice Chairman and Global Head of Investment Strategy at Hamilton Lane, offers over 17 years of expertise in private equity. He discusses the current landscape and vital investment strategies for 2024. Drew emphasizes the importance of real-time data for better decision-making and hints at the evolving role of technology in the sector. He also explores the recovery post-global downturn, lower leverage, and changing deal dynamics, along with potential market volatility and the influence of global monetary policies on investment opportunities.
46:07
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Quick takeaways
- The importance of timely management changes in private equity is critical for recovering underperforming investments and ensuring optimal outcomes.
- Recent improvements in market conditions, such as stabilized interest rates, are expected to boost deal-making activity in the latter half of 2024.
Deep dives
Current State of Private Equity Fundraising
The fundraising environment for private equity remains challenging but is showing signs of improvement. There is a perceived loosening of conditions, with increased clarity in global monetary policy contributing to this change. The stabilization of interest rates is allowing for better pricing strategies on transactions, which is crucial for facilitating deals. As a result, there is an expectation of a more active deal-making environment, particularly in the latter part of the year.
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