In this discussion, Pete Witte, a Global Private Equity Lead Analyst at EY, breaks down the significant trends shaping the private equity landscape in Q2 2024. He highlights the intriguing mix of market optimism alongside lagging deal activity, particularly in tech and sports sectors. Pete also dives into the hurdles General Partners face with exits, emphasizing the importance of portfolio performance and rising valuation challenges. The emergence of the secondary market is positioned as a vital development in this complex environment.

Pete Witte, EY Global Private Equity Lead Analyst, discusses key themes from Q1 2024 for PE investors. Topics include deal activity slowdown, rise in deployment expectations, take-private and carve-outs, sector trends, credit market dynamics, surge in CLO formation, and impact of current refinancing trends.