Monday, January 2, 2023

What to expect in 2023

VC's rollercoaster ride isn't over yet; What's in store for emerging tech; PE returns, fundraising could falter; Optimism for European private capital
Read online | Don't want to receive these emails? Manage your subscription.
PitchBook
Log in
The Daily Pitch: VC, PE and M&A
January 2, 2023
The Daily Pitch is powered by PitchBook's industry-defining research and best-in-class data
Ads
Hello, our news and research teams are taking a break over the holidays and will be back later this week.

Today, we'd like to highlight our 2023 outlooks, featuring analyst forecasts and projections for the coming year across:
 
What's in store for emerging tech?
VC investment in emerging technologies last year didn't match the frenzy of 2021, but key sectors saw strong interest and could reach new heights next year. Amid the combination of a deeply uncertain market and tech's incredible capacity for innovation, the future looks interesting indeed.

Our 2023 Industry and Technology Outlook outlines analyst forecasts across 12 sectors in emerging tech, including climate tech, crypto, foodtech, and more:
  • US VC investment in climate tech will reach a new peak, driven by federal support in the Inflation Reduction Act.

  • Crypto VC funding will bottom out in H1 but move higher later in the year.

  • Cultivated proteins will draw record funding next year as the US nears regulatory approval.

  • Information security leaders will make multiple data security acquisitions as they seek to consolidate their positions in the market.
read the free outlook
 
Share: Email LinkedIn Twitter Facebook
PE returns, fundraising could falter
There's little doubt that the private equity universe will have to grapple with drooping company valuations and expensive debt in 2023.

But what are the implications?

PE returns will likely underperform public markets. Take-private deals will probably shift to much smaller targets. Exits could hit a 15-year low, relative to new investments. And buyers in need of leverage are likely to tap nonbank lenders almost exclusively in the coming months.

These analyst projections and others—such as which types of healthcare deals are poised to bounce back—are laid out in our 2023 US Private Equity Outlook:
read the free outlook
 
Share: Email LinkedIn Twitter Facebook
VC's rollercoaster ride isn't over yet
2022 has come to an end and many VC investors will be happy to move on from a tumultuous year.

The drama, though, may not be over.

This year is shaping to be an even more stress-inducing ride for investors, according to our 2023 US Venture Capital Outlook.

But while our analysts expect some downward movement, there is always an upside—if you know where to look:
read the free outlook
 
Share: Email LinkedIn Twitter Facebook
 
Ads
Optimism for European private capital despite a challenging year ahead
European private capital faced myriad challenges in 2022, with a mix of economic factors impacting the market coupled with a European war.

Our 2023 European Private Capital Outlook examines how a harsher economic environment can aid parts of the market while remaining a detriment to others.

For instance, listed companies become cheaper acquisition targets as their valuations drop, but interest rate hikes make financing leveraged PE deals more expensive:
read the free outlook
 
Share: Email LinkedIn Twitter Facebook
 
Ads

Thanks for reading! Feel free to email our research team any time with feedback, questions, or tips!

Learn more about the PitchBook Institutional Research Group, meet our analysts, or access our research libraries for clients and non-clients.

Were you forwarded this newsletter? Sign up at pitchbook.com/subscribe.
 
About PitchBook | Terms of use | Advertise with us | Contact
Follow us: in twtr fb

This email was sent to edwardlorilla1986.paxforex@blogger.com via the PitchBook Platform.

Do you want to change your email address, get a different edition or unsubscribe? Manage your subscription here.

© 2023 PitchBook. Win what's next. All rights reserved.

No comments:

Post a Comment

PH seen to miss ʼ24 GDP growth target

From the supply side, agriculture and construction had been the main drags, and this was partly due to the weather effects of El Niño during...