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Finance

Posted By Global Banking and Finance Review

Posted on January 22, 2025

Private equity exits set to recover under Trump, says Ardian exec

DAVOS, Switzerland (Reuters) - Private equity exits that had slowed dramatically may recover to levels not seen in several years under Donald Trump's second term as president, the executive president of buyout firm Ardian said on Wednesday on a panel at the World Economic Forum in Davos.

"If you went back six months ago, the discourse was all about what's going to happen (in the U.S. election)," said Ardian's Mark Benedetti. "Now that's behind us, a lot of groups that have been holding back waiting to push the button to sell their asset, are now coming to market to do so."

(Reporting by Iain Withers; Editing by Tommy Reggiori Wilkes)

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