Private Equity in 2025: Poised for a Market Rebound

Liquidity, Valuations, and Fundraising Momentum Are Back on the Table

After two years of subdued deal activity and cautious sentiment, private equity enters 2025 with a sense of pragmatic optimism. While 2024 fell short of the expected rebound, early signals indicate that the tide may finally be turning—for GPs, LPs, and the broader alternative investment ecosystem.

From stabilized valuations to the reopening of exit markets and renewed LP engagement, 2025 is shaping up as a potential inflection point.

📈 1. Valuations Are Stabilizing—and Confidence Is Returning

One of the largest roadblocks for PE transactions over the last 24 months was valuation uncertainty. With inflation cooling and interest rates starting to decline in Q4 2024, pricing visibility has notably improved.

Highlights:

• Late 2024 saw growth equity deals re-rate upward:

  • Oura and Moneybox both more than doubled their valuations in recent rounds.

  • Sequoia Capital marked up a flagship fund by nearly 25%, a leading signal of improving market sentiment.

• In the buyout space, the Argos Index recorded its first increase in European mid-market deal multiples since 2021.

For LPs evaluating fund re-ups or secondary sales, this stabilization brings welcome clarity.

GPs now have a firmer basis for pricing—critical for both entry and exit planning.

💸 2. Exit Markets Are Reopening—Cautiously

Exit droughts were a defining theme of 2023–2024. But the logjam is beginning to break.

Q3 2024 Global Exit Data (per White & Case):

• $94.06 billion in exit value—highest since Q3 2022

• 429 completed exits globally, up ~17% quarter-over-quarter

A 2025 EY survey revealed that 53% of PE managers expect exits to increase, up from just 34% in early 2024.

Public markets remain cautious, but the return of sponsor-to-sponsor and strategic M&A exits is creating momentum.

Exits are no longer frozen. They’re selective, strategic, and driven by improving comparables.

🔁 3. Alternative Liquidity Solutions Are Now Strategic Tools

As traditional exits slowly recover, alternative liquidity solutions have moved from crisis tools to permanent fixtures.

Trends:

• Jefferies reported that continuation funds represented 14% of PE exits in H1 2024—a record high.

• NAV financing has more than doubled in AUM since 2023, per Apollo and 17Capital.

These solutions are now essential for:

• Unlocking capital from aging assets

• Managing hold periods exceeding 4–5 years

• Improving DPI metrics for LPs

GPs are no longer waiting for a “perfect” exit—they’re engineering liquidity on their terms.

🔄 4. Fundraising: Slowly but Surely Gaining Traction

The capital recycling freeze of 2023–2024 led to delayed fund launches and LP pushback. But that tide is shifting as distributions return.

According to Preqin, over 40% of PE-held assets have been in portfolios for 4+ years, creating urgency among GPs to monetize and reengage LPs.

What We’re Seeing:

• Spinouts and first-time funds gaining early traction in Q1 2025

• LPs opening allocations, particularly for sector-specific and continuation-aware strategies

• Appetite building for hybrid evergreen and interval funds to improve liquidity alignment

🧠 LP Data and Targeting: Altss Powers Smarter Fundraising

As GPs prepare to fundraise again, data-driven LP targeting is critical. Legacy platforms like PitchBook and Preqin offer historical data—but lack real-time mandate tracking.

That’s why leading fund managers are turning to Altss:

Why Altss Is Gaining Ground with GPs:

• ✅ Access to 5,000+ verified family offices and institutional LPs, enriched monthly

• 🔄 Know when LPs are actively deploying, revising mandates, or expanding into new geographies

• 🧾 LP profiles include firm AUM, prior GP relationships, contact info, and OSINT-backed intelligence

• 📬 Built-in CRM for warm intros, outreach tracking, and customized research requests

In a rising market, timing and relevance win. Explore Altss to prepare for your next raise.

🧭 Summary: Conditions Are Lining Up for a Private Equity Rebound

✅ Final Thoughts: The Market’s Reopening—Are You Ready?

Private equity in 2025 is not roaring back—but it’s moving again. Fund managers who adapt to new valuation norms, embrace alternative liquidity, and lead with data-backed LP targeting will outperform.

Success this year won’t be about being loud—it will be about being precise.

Platforms like Altss empower IR and fundraising teams to operate in real time, target the right LPs, and fundraise with clarity, not guesswork.

Fundraising is reactivating. Liquidity is flowing. The next cycle is beginning.
Make sure you’re ready—with the intelligence that moves markets.