Alongside other senior figures in the industry, Andy Lund, Global Co-Head of Houlihan Lokey’s Private Funds Group, shares his views with Private Equity News on what 2024 could hold for private equity. For the first time in nearly three years, he sees glimpses of an improving primary fundraising market. LP allocations have been severely challenged due to the lack of liquidity available to LPs, market denominator effects, and a continuously crowded fundraising market, including many re-ups. But they appear to be in greater supply for new relationships in 2024.
Read the article on the Private Equity News website.