In BDO's final Private Equity PErspectives podcast episode of 2025, Host Todd Kinney is joined by Nicolas Vega Llona, Principal at Lincolnshire, and Monty Yort, Managing Partner at GenNx360, to discuss:

• The biggest shifts in private equity throughout 2025 and how firms adapted
• Portfolio company performance relative to expectations amid macro challenges
• How proactive sourcing strategies helped firms find quality deals in a difficult market

Be on the lookout for part two in January, where Nico and Monty will explore exit strategies, creative deal structures, and where leading investors are placing their bets in 2026.