Deal activity was on track for another record-setting year, until the wheels came off.

Read the full 2023 Global Private Equity Report, below:

https://www.bain.com/insights/topics/global-private-equity-report/

Behind the scenes at Davos, attendees were coming to terms with a fracturing world, a cascade of risks and, despite it all, a silver lining.

Today on Dry Powder, Karen Harris, managing director of Bain's Macro Trends Group, shares her key insights from Davos and how private equity investors are dealing with the emergent risks and opportunities of a multipolar world.

Listen to her previous appearances on Dry Powder, below:

Macro Risks: Everything, Everywhere, All at Once 

Macro Risks: Keep It Simple

Private equity firms are racing to build out their Web3 capabilities, from deal sourcing to diligence to the bleeding edge of tokenization fund management.  

Further Reading: 

For Digital Assets, Private Markets Offer the Greatest Opportunities

Investors have been funding a massive build out of Web3 infrastructure, despite the turmoil over the past year.

Further Reading

Web3 Could Rewrite the Rules of User Identity

Snap Chart: How Much Is Web3 Disrupting Your Industry?

The debate around ESG is heating up, but it may shed light on the future of ESG investing.

Further Reading

Closing the ESG Measurement Gap in Private Equity

Decarbonization: How Private Equity Can Make It Work

Private Equity Investors Debate the Best Path Forward on ESG

Businesses Urge SEC to Consider Mergers in Climate-Disclosure Rule