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No one can predict the lasting effects of an economic downturn for certain and whether tech M&A activity will ebb or flow. However, current economic conditions present the ideal buyer's M&A market. So, looking into 2023, buyers and sellers could continue to see an increased appetite for acquisitions as valuations stabilize at lower levels, inflation subsides, and interest rates taper off.

The pace of mergers and acquisitions (M&A) has slowed down since 2021 when the market conditions were better. In this ten minute interview, Spencer Moats and Brian Lucareli discuss the current adverse market conditions and the impact they have on deal volume, the opportunities for buyers and sellers, the trends in the M&A space, and practical advice on weathering the adverse conditions.

While high inflation, monetary policy tightening, and global recession risks could cloud the first quarter of 2023, the market conditions are expected to improve in the second quarter as inflationary pressures dissipate, particularly in the United States. In this environment, emerging markets (EMs) could be a bright spot for investors. The bear market in EM equities is long in the tooth in terms of time, price, and multiples, and EM debt appears attractively valued.

Last year, the policymakers were a factor in shaping the global market conditions. And it’s clear that as long as financial markets function as intended, policymakers are willing to accept asset price volatility and a deterioration in macroeconomics fundamentals as a consequence of fighting inflation. In this year’s economic and market outlook, global inflation and recession are both expected to persist across most economies while unemployment is likely to rise.

Despite a recent decline in M&A activity, deal volume remains higher than before the COVID-19 pandemic. And as buyers and sellers work through various deal stages, they need to retain focus on their employees, who will be instrumental in keeping the new organization operational. From this Risk in Context podcast, learn more about the importance of focusing on people risks during an M&A or private equity-related transaction, allowing for effective integration at deal close.* Download file for the transcript and select play to hear the podcast.

Despite an economic downturn in 2022, healthcare trends indicated US healthcare venture capital investment was healthy. There’s plenty of dry powder to deploy; however, investments and exits are slowing due to the volatile market. Gain more insights and analysis from this report on the venture healthcare ecosystem. Watch the video for an overview of the report.

When it comes to true investment fiduciaries, there are two standards of care: suitability and fiduciary. In this video, HighView CEO Mark Barnicutt shares his perspectives on both standards, the importance of the fiduciary standard for investors, and why the investment fiduciaries have become a scarcity.

There are both advantages and disadvantages for family offices considering a minority direct investment. In this interview with Brian Lucareli of Foley Private Client Services, Glenn Singleton spoke on the distinguishing characteristics of minority investments, key terms and their negotiations, common structures of minority investments, and techniques to mitigate associated risks.

In a roundtable discussion, senior leaders of the NEPC Investment Research group share what each of them are seeing on the ground while meeting investment managers and allocating capital. Representing every major asset class, these leaders provide guidance on how to approach 2023 and the risks that they see on the horizon.

As the U.S. economy grapples with stagflation trends, there is inevitable talk of a potential recession. Despite the bearish narratives, a recession is avoidable.