新たな投資の方向性を探る：グローバル・プライベート・エクイティ・レポート 2026

新たな投資の方向性を探る

本レポートでは、安定化、選択的な回復、そしてより厳格な実行が特徴となる市場において、世界のプライベート・エクイティ（PE）リーダーがどのように対応しているかを捉えています。資金調達環境が引き続き制約を受けるなか、各社は取引件数から、価値創造、オーガニック成長、オペレーション面での関与、規律ある資本配分へと重点を移しています。
テクノロジー主導の変革、選択的なクロスボーダー投資、セクター特化といった動きが、資本の流れや収益の創出方法を形づくえています。本レポートは、2026年のプライベート・エクイティ業界のパフォーマンスを規定する戦略、業種、オペレーティングモデルについて、データに基づく視点を提供します。

*本レポートは原文（英語版）の一部のみを翻訳したものです。内容の詳細については、英語版のレポートをご参照ください。

レポートをダウンロード

800+ private equtiy professionals
7 regions

“Private equity players are demonstrating remarkable adaptability in this still uncertain world. After an extended phase of constrained activity, vendors and buyers show signs of a cautious willingness to close deals, 
albeit in a more selective and disciplined form. This shift signals the market is resetting expectations, with investors assessing the fundamentals and capital deployed with greater precision.”

- Matthieu Boyé, Head of Private Equity, Forvis Mazars Group

Market outlook for private equity

28%of private equity portfolios performed above plan
58%of private equity firms invest in the technology, media and telecommunications industry
67%of private equity firms consider market, geopolitical and other external trends as a top challenge

The 2026 private equity market is shaped by tighter execution shifting financial conditions and a strong focus on technology and international growth. Firms are adapting strategies to prioritise operational influence and value creation while navigating evolving capital structures and timing pressures.  

• Execution is now the differentiator: private equity firms are shifting away from scale and deal volume towards hands-on value creation. The strongest performers are prioritising control, operational influence and clearly defined levers for growth across their portfolios.
• Portfolio performance is stabilising: returns in 2026 show continuity rather than disruption. Exit outcomes are broadly in line with last year, with fewer deals underperforming, signalling a gradual return of confidence as valuation gaps narrow.
• Financing is shaping how deals are built and exited: tighter credit markets are influencing capital structures, build-up strategies and exit timing. This is making disciplined deployment and creative financing increasingly important for investors.
• Cross-border investment is driving growth: international dealmaking remains a core growth engine, with firms expanding beyond domestic markets to access better opportunities, diversification and stronger returns.
•  Technology is now central to value creation: technology-led investing has moved to the forefront globally. With TMT now the most targeted sector, digital capability, AI and tech-enabled operations are becoming essential tools for driving portfolio performance.

“Private equity is moving into a phase defined less by momentum and more by judgement. With capital still available but harder to deploy, investors are placing greater emphasis on operational performance, sector knowledge and credible value creation plans. Those who can turn strategy into execution, and demonstrate resilience at asset level, are best positioned as conditions continue to evolve.”

-Scott Linch, Partner, Forvis Mazars US

お問い合わせ

Private equity solutions at Forvis Mazars

We work with private equity firms across the full investment lifecycle, helping them unlock value from acquisition through to exit. Our team provides tailored support for due diligence, value creation, audit, tax and fund management, helping fast-moving, growth-focused businesses achieve their goals. With deep sector expertise and global reach, we guide clients through complex challenges such as regulatory change and operational transformation. By combining technical knowledge with commercial insight, we help firms unlock value, optimise performance and navigate transactions with confidence.

サービスについて知る