2025 Outlook: Private Equity & Venture Capital

2025 stands at a crossroads. In the prior year, nearly half of the world’s population across more than 70 countries participated in national elections, artificial intelligence gained considerable traction in the marketplace, and several banks initiated a synchronized interest rate-cutting cycle. Each of these developments alone creates a complex landscape to navigate. Yet, the situation is further complicated by heightened geopolitical risks and an investment environment brimming with uncertainties. Taking a closer look at the private equity and venture capital outlook, this report answers key questions and many others across all asset classes.