The year 2020 is almost over, and 2021 is on the horizon. With that, many financial experts are releasing their predictions for the upcoming year.
PitchBook is one of the primary data providers for both the private and public equity industries. They are a financial data and software company, who focuses on providing transpane. They just released their 2021 private equity predictions.
Increase in Fundraising
PitchBook predicts that fundraising will increase in the next year. Specifically, they predict that fundraising will exceed the 2019 high of $316.9 billion. They cite the high amount of private market transitions, despite the current lockdown that will likely continue.
“Although there are still many unknowns and lingering disruptions from COVID-19, we believe 2021 will be …