General News
18/09/2024
20:40
Preqin Ltd
Global alternatives markets on course to exceed $30tn by 2030 — Preqin forecasts
Private equity market AUM set to more than double, while secondaries (13.1%) predicted to see strongest annualized growth in forecast period of 2023 to 2029LONDON, Sept. 18, 2024 (GLOBE NEWSWIRE) -- Preqin, the global leader in alternative assets data, tools, and insights, today published its Future of Alternatives 2029 report. Preqin forecasts the global alternatives industry to reach $29.2tn in assets under management (AUM) by 2029, from $16.8tn at the end of 2023. While not part of the official report forecasts, the analysis predicts the industry is on course to exceed $30tn in AUM by 2030. This signifies an annualized…