Sentiment in the German private equity market has significantly deteriorated for the second consecutive quarter. The sentiment indicator dropped by 19.0 points, reaching -39.6 balance points in the third quarter of 2024, marking a new four-year low. This decline is comparable to the downturn experienced during the COVID-19 shock.
The assessments of the current business situation had already decreased in the previous quarter, and while the outlook had not worsened as severely then, expectations have now also declined.