Dechert and Mergermarket assess market trajectories -

Growing concerns over geopolitics and fear of a looming recession are the top challenges facing the private equity industry, according to the latest Private Equity Outlook. The report surveyed 100 senior-level executives to uncover the latest trends, identifying both concerns and opportunities.

Answers were collected in the second quarter of 2019 from executives within private equity firms based in North America (45 percent), EMEA (35 percent), and Asia-Pacific (20 percent). All firms had US$500 million or more in assets under management.

Two themes dominated this year's Private Equity Outlook. From a macro perspective, the inextricable link between today's tense geopolitics and the global economy is playing on the minds of investors. From a micro perspective, innovative strategies are becoming commonplace as the industry is being forced to adapt to an overabundance of capital...