Uncertainty in Private Equity Markets: Inflation, Tariffs and Regulatory Changes

In an article for International Comparative Legal Guide - Private Equity 2025, corporate partners Adam Rosenthal and Ryan Miske discuss how inflation, rising interest rates and other economic factors impacted the private equity (PE) industry.

The co-authors highlight some of the key area of uncertainty that PE sponsors have to address in today’s market including inflation, interest rates and monetary policy, artificial intelligence, regulatory changes, geopolitical tensions, the deal-making environment and exit landscape and portfolio management.

“Despite geopolitical tensions, regulatory unpredictability and macroeconomic instability, PE sponsors continue to inno­vate and refine their approaches. The ability to adapt to uncer­tainty, enhance resilience and align investments with future market trends ensures PE remains a critical driver of value crea­tion,” the authors wrote.