U.S. private equity deal value was down 14.1% in Q3, PitchBook says

(Credit: Courtesy of Bloomberg)

Private equity has been in a low-grade slowdown for years, locked in a Groundhog Day loop.

“You hear it every year now,” said Kyle Walters, PitchBook analyst. “You heard it in 2023, where private equity said: ‘It could come back this year.’ Then, you get to 2024, and 2024 is going to be a different year. Then, you get to 2025 and 2025 was a bit better, and people say ‘maybe this is the year.’”