PitchBook

“The PE Barometer signals a strong underlying return environment, with a desmoothed return nowcasts of 6.8%... driven by gains in small-cap and value equities, falling implied equity volatility, low financial stress, and tight leveraged loan spreads.”

“With the exception of private debt, all private market strategies tracked by PitchBook experienced year-over-year fundraising declines for the 12-month period ending June 30, 2026.”

“By Jessica Hamlin, Senior Funds Columnist”