It expects the industry’s global assets under management to almost double to US$18.3 trillion by the end of 2027 from US$9.3 trillion at the end of 2021. The forecast envisages the compound annual growth rate slowing to 11.9% per year in 2021-2027 from 14.9% in 2015-2021.
Private capital strategies are set to double assets under management over the next five years, according to data provider Preqin, even as the fast-growing industry adjusts to a new macro environment.
Private capital markets, encompassing private equity and private capital, have been booming over the last decade as investors chased yield during an era of fiscal stimulus and ample liquidity. Despite this year’s market routs and challenging outlook, with borrowing costs surging and economies cooling, demand for private capital “continues to show resilience,” Preqin said in a report Wednesday.
