Slide 1: Seizing opportunities amid uncertainty
Private Markets Outlook | May 2025 Seizing opportunities amid uncertainty
Slide 2: Executive summary
Partners Group | Private Markets Outlook May 2025 2 Executive summary Scan the code or click here to watch a summary of this report • R ecent US policy shifts have intensified market volatility and global fragmentation, reinforcing our ‘brave new world’ investment thesis. Our outlook comprises two d
Slide 3: Key outcomes and key forecasts: scenario analysis
Partners Group | Private Markets Outlook May 2025 3 macroeconomic implications. Our base case projects Introduction that final tariff implementations will likely land closer Asset testing scenarios: uncertainty is high. Downside risks dominate Since coming into office just a few months ago, the to –
Slide 4: Real Gross Domestic Product growth (y/y %)
Partners Group | Private Markets Outlook May 2025 4 Real Gross Domestic Product growth Real GDP (y/y %) growth (y/y %) 88 US US Euro area Euro area UK UK Japan Japan China China 77 66 55 44 33 22 11 00 Mapping structural shifts: fractured world, reinforcing our thesis of the ‘brave -1-1 The next fiv
Slide 5: Market pricing for Fed policy rate path and Europe outlook
Partners Group | Private Markets Outlook May 2025 5 Market pricing for Fed policy rate path (%) Europe outlook Market pricing for Fed policy rate path (%) Growth in Europe is likely to be weakened by 50- 4.4 4.4 80bps on a cumulative basis over 2025-2026 from 4.2 4.2 already low levels, as a result
Slide 6: Peak globalization and the emergence of a fractured world
Partners Group | Private Markets Outlook May 2025 6 differentiation, and cash flow generation should remain Important Information crucial for maintaining margin stability. Furthermore, a The information in this article has not been independently verified. Partners Group (the “Company”) is not under