Evalueserve recently conducted a Private Equity Survey of PE professionals to assess where the industry is, validate our predictions for 2023, and understand the priorities of general partners and the role of technology in the sector.
Here are a few major takeaways from the survey:
- Lower valuation is viewed as a key opportunity this year, especially for firms with dry powder.
- It is expected to be a very competitive year for new deals and a challenging time for exits.
- Environmental, Social, and Governance (ESG) factors are increasingly thought of as value-creating. However, PE professionals report difficulty identifying good ESG investments for a few reasons.
- The PE industry is progressing on its digital transformation journey, with larger firms evolving out of using manual processing to analyze deals, govern portfolio companies, and drive value creation.
