Global Private Equity Factbook – Q2 2024

In Q2 2024, private equity investments rebounded, driven by favorable interest rates and ample dry powder. Looking ahead, private equity activity is expected to grow in the coming quarters, supported by increasing capital availability and potential interest rate cuts.

During this quarter, deal activity increased by 17% compared with the previous one, driven by a surge in private investment in public equity deals, buyouts, and public-to-private transactions. Capital investments soared by 63%, supported by lower borrowing costs and higher leverage thresholds, which enabled large-scale deals. Investment activity grew globally, with significant expansion observed in the MENA region.

Private equity exits rebounded, mainly due to an increase in buyouts. Fundraising activities also rose, with buyout funds contributing the largest share. Key sectors included IT, financial services, and consumer products and services, which together made up 53% of total invested capital.

PE deal activity is expected to remain high in the second half of 2024, driven by large volumes of dry powder, improvements in the fundraising environment, and low lending rates. This edition of the Global Private Equity Factbook offers insights into global PE investment activity, features the key targeted sectors, and provides an outlook for the industry in the coming quarter.