According to new data, the average holding period for buyouts among US and Canadian private equity funds spiked to 7.1 years in 2023 as of November 15.
Asset management partner Steve Zaorski told S&P Global that “this uncertain economic environment resulted in a mismatch in expectations between buyers and sellers and made assets harder to price, which resulted in private equity firms holding onto assets longer rather than selling at a less than optimal price in their view."
"I'm cautiously optimistic that the Fed may be done raising interest rates. That stability should provide the private equity market with room to figure out how they can price their assets and start selling them again,” Steve said.
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