Patrick Huard was quoted in the Law360 article “MoFo Says 2024 Rate Cuts Will Boost PE's M&A Appetite” that reported on findings from MoFo’s Global PE Trends 2023 and Outlook for 2024.
Patrick noted, “We are cautiously optimistic that we will see PE M&A activity increase in 2024 as macroeconomic factors improve and interest rates decline. Other factors coming into play for private equity sponsors include continued interest in structured equity investments, time horizon pressure to return capital to [limited partners] and tech-driven deals fueled by [artificial intelligence].”