Coming off record-setting years in 2020 and 2021, private markets have faced a starkly more challenging environment in 2022 across a range of metrics, including fundraising, deal activity, exit activity, and leverage levels. In this outlook, the Apogem Team discusses potential risks, as well as attractive opportunities that could arise from this more challenging environment.

 

Louise Woltz Smith, Managing Director, Private Equity at Apogem Capital, discusses the impact of economic uncertainty, rising rates, and a sharply declining leveraged loan market on deal activity and valuations and looks ahead to new risks and opportunities in the coming year.