Kempen123 schreef: ↑15 januari 2025, 14:46 Ik zie eigenlijk geen probleem om op een 'normale' manier in private equity te gaan, dus ik zie het voordeel van zo'n fonds niet. Alle holdings hebben een deel private equity, van weinig tot zeer veel, en er is een groot aantal normale private equity fondsen, en er zijn zeker 10 of 15 engelse investment trusts die zich focusen op private equity. Aan keuzes geen gebrek, als je in private equity wilt.

Inderdaad, diverse holdings zitten (zwaar) in Private Equity

Overigens is BlackRock erg positief over Private Equity.

"We see the tide turning for private equity in 2025, spurred by a more supportive rate environment and a restart of M&A and IPO activity. In our opinion, this will lead to a lot more activity across private equity as firms look to deploy dry powder. Positive trends in deal activity support this opinion. While still below the pandemic peak of 2021, deal activity in 2024 is up by 21% compared to 2023 and outpacing the pre-pandemic average by 45%.

Sentiment remains cautious for new deals, though high-quality deals remain well-bid, achieving strong valuations. A more active exit market, coupled with an increased focus from GPs on returning capital, is offering relief to investors seeking distributions. Last year saw a turning point with distributions overtaking capital calls for the first time in eight years.
To manage the slower exit environment of recent years, both LPs and GPs have turned to alternative liquidity structures to meet their liquidity objectives. These include managed fund structures, mid-life recaps, NAV facilities, strip sales and structured continuation vehicles, among others. New structures will continue to rapidly evolve, as new investors enter the market, notably in wealth. These investors are largely accessing private assets through evergreen fund structures and ELTIFs.
A feature of the PE market has been more carveout and take private deals. In 2024, carveouts’ share of buyout activity has continued to rise as larger corporations strategically streamline their operations. At the same time, take-private deals remain attractive despite high public-market valuations.
On the whole, corporate fundamentals remain resilient. More than 60%3 of private companies posted earnings growth, while 82% of the PE Buyout companies tracked by Capital IQ are profitable, versus just 46% in the Russell 2000 Index.4 Given the uncertain economic environment, we believe that managers who can add value and improve the operating performance of their portfolio companies will be the ones driving returns in the years ahead."

Meer info vind je in de 2025 Private Markets Outlook PDF van BlackRock. Wegens onvoldoende ancienniteit kan ik de link niet meegeven.