Highlights of the survey
Economic Climate
The overall economic climate is expected to rebound over the next six months and return to growth. Over 90% of respondents expect the economy to stabilize or improve.
Debt Availability
Even though overall prospects are improving, financing and debt markets are expected to remain inhibited. The proportion of respondents seeing an improvement is steadily increasing.
Investors’ Focus
Private Equity investors are expecting to move away from portfolio management to concentrate on new investment. Fundraising is off the agenda reflecting a high level of existing funding in place.
Size of Transaction
Limitations of debt markets will hamper leveraged buyouts, as such private equity professionals will continue to focus on midsize targets.
Market Activity
After a period of stabilisation PE professionals expected M&A market activity to improve.
Investment Return
An improving overall economic climate and reinvigoration of M&A markets will provide a favourable environment for private equity funds to generate higher levels of returns on their investments.
Investors’ Activities
Most of the respondents display an inclination to buy more, which is consistent with the expected improvement of market activity.
New Investments Competition
Market leaders will remain the most desired target for PE funds in CE.
Interest Focus
In the current economic environment, distressed companies and companies in restructuring are becoming important targets for deal makers with almost 40% of respondents viewing such companies as interesting.
Development of GDP
A significant proportion of respondents expect that the economies of Central Europe will outperform those of Western European countries.
The overall economic climate is expected to rebound over the next six months and return to growth. Over 90% of respondents expect the economy to stabilize or improve.
Debt Availability
Even though overall prospects are improving, financing and debt markets are expected to remain inhibited. The proportion of respondents seeing an improvement is steadily increasing.
Investors’ Focus
Private Equity investors are expecting to move away from portfolio management to concentrate on new investment. Fundraising is off the agenda reflecting a high level of existing funding in place.
Size of Transaction
Limitations of debt markets will hamper leveraged buyouts, as such private equity professionals will continue to focus on midsize targets.
Market Activity
After a period of stabilisation PE professionals expected M&A market activity to improve.
Investment Return
An improving overall economic climate and reinvigoration of M&A markets will provide a favourable environment for private equity funds to generate higher levels of returns on their investments.
Investors’ Activities
Most of the respondents display an inclination to buy more, which is consistent with the expected improvement of market activity.
New Investments Competition
Market leaders will remain the most desired target for PE funds in CE.
Interest Focus
In the current economic environment, distressed companies and companies in restructuring are becoming important targets for deal makers with almost 40% of respondents viewing such companies as interesting.
Development of GDP
A significant proportion of respondents expect that the economies of Central Europe will outperform those of Western European countries.