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Private Equity 2023 Year-in-Review and 2024 Outlook: Clearer Skies Emerge for Private Equity Amidst Challenges

Cherry Bekaert

Megadeals Faced Enormous Hurdles Rising borrowing costs continued to impact private equity’s ability to finance large transactions. And while fund managers have been very creative in navigating the financing problem (in some cases financing deals with only equity), it has proven far more challenging when it comes deals above $1 billion.