The 2026 outlook highlights how private equity firms are refining their strategies to deliver stronger, more sustainable value creation. Key trends include:
- Execution is now the differentiator: Firms are moving away from scale and transaction volume, focusing instead on operational influence, hands‑on value creation, and clearly defined growth levers.
- Portfolio performance is stabilising: Returns show continuity rather than disruption, with exit outcomes largely in line with last year. Narrowing valuation gaps indicate renewed confidence.
- Financing shaping strategy: Tighter credit markets are impacting capital structures, build‑up strategies, and exit timing, making disciplined deployment and innovative financing essential.
- Cross‑border investment driving growth: International dealmaking remains a crucial engine for diversification and improved returns.
- Technology at the centre of value creation: Technology‑led investing continues to surge. With TMT as the most targeted sector globally, digital capabilities, AI, and tech‑enabled operations are becoming fundamental to portfolio performance.
Download the full report to explore the findings in detail.
For additional global insights and related publications, please visit Forvis Mazars Group.