Despite persistent uncertainty in global markets, 2024 was the year that private equity began to emerge from a multi-year fog, with a rebound in dealmaking and distributions. Our Global Private Markets Report for 2025 revealed an industry that is more resilient, more innovative, and perhaps stronger than before. To discuss the nuances of that report we are joined by two of the report’s authors, Alex Edlich and Christopher Croke.

Alex is a senior partner in our New York office where he helps private equity and financial services clients achieve superior performance, by driving innovation with new technology. He is a senior leader in our Financial Services, Private Capital, and Digital Practices. Christopher Croke is a partner in our London office, where he is a leader in our Private Capital Practice. He advises private equity firms on their investments and strategy and helps the companies they own with their strategy and value creation.

Related insights

Global Private Markets Report 2025: Private equity emerging from the fog

Insights on Private Capital

Deal Volume Podcast

CEO alpha: A new approach to generating private equity outperformance

Support the show: https://www.linkedin.com/showcase/mckinsey-strategy-&-corporate-finance/

See www.mckinsey.com/privacy-policy for privacy information

241. The path forward for private equity

Inside the Strategy Room

241. The path forward for private equity