The Q4 2022 US PUBLIC PE ROUNDUP report by PitchBook Data, Inc. highlights key takeaways from the private equity industry in the fourth quarter of 2022. Despite market dislocation, private equity fundraising was robust, with four of the six big public alternative asset managers exceeding the previous year's fundraising. All six had flagship PE funds in the market, with new launches targeting up to $28 billion in capital. However, PE deployment was down sharply in Q4, continuing a trend of sequential declines throughout 2022. Fundraising expectations are more optimistic for 2023, with all six public alt managers expressing confidence that inflows will be greater in 2023 than in 2022. The report also includes analysis on AUM by firm and strategy, deal activity in the alternative manager space, operating results, and stock performance and comps.
