Outlook: H2 2025

With interest rates easing and geopolitical uncertainty persisting, private markets in 2025 continue to reflect a mix of resilience and caution.
Secondaries Gaining Ground Fast

Secondaries are no longer a niche corner of private equity—they’re becoming a major force reshaping the market.
New trends in mid-market deals

Private equity activity in Australia’s mid-market is gaining pace again, with deal volumes recovering to pre-pandemic levels.