With FED and ECB interest rates set to continue rising into 2023, and geopolitical turmoil undermining investor morale, is now really the right time to invest in private equity?
As Klas Tikkanen, Chief Operating Officer of Nordic Capital confides: "I think people underestimate good times to invest when times get tough [...] We have a fairly clear, but sophisticated macroeconomic model, and it results in a sideways trend. We shouldn't expect a spectacular rebound, but we shouldn't expect the market to fall either."