Why a mood of crisis is spreading in the industry

Frankfurt The financial clout for big deals is still there. Just a few days ago, private equity firm Apollo bought a significant stake in Swiss bank Credit Suisse’s capital-intensive securitization business. However, according to the assessment of the industry, the time of ever new records in the investment industry, which has been accustomed to success, is coming to an end.

According to a recent study, the majority of private equity managers are pessimistic about the near future. An investor barometer drawn up by the KfW development bank and the BVK industry association fell by 16.2 points to minus 40.4 points in the third quarter.

So far, the barometer has only been deep in negative territory during the financial crisis at the beginning of 2009 and when the corona pandemic broke out in 2020. Private equity investors are expecting a further significant cooling off in the next six months.