US Brokers and Asset Managers: Brownie Points: Survey Indicates Timing of PE Exits Will Take Time

研报英文原文证据摘录

US Brokers and Asset Managers: Brownie Points: Survey Indicates Timing of PE Exits Will Take Time

Global Research

18 June 2026ab

US Brokers and Asset Managers Equities

AmericasBrownie Points: Survey Indicates Timing of PE

Exits Will Take Time Financial

Michael Brown

Analyst

mike.brown@ubs.com

Weekly "Brownie Points" publication highlights key points and emerging trends across +1-212-713 1387

asset mgr & brokers. Note, IB metrics tracked on the following pages.

Daniel Lehmann

Point 1: 5 Takes from Pitchbook PE survey Associate Analyst

Pitchbook recently conducted a US private equity survey of industry professionals daniel-j.lehmann@ubs.com

including PE firms, advisory firms, LPs and other market participants. A few key +1-212-713 2391

takeaways from the survey were: Vijeth Mudalegundi

1. For GPs, in terms of exit paths, strategic sale, sponsor-to-sponsor sale, and vijeth.mudalegundi@ubs.com

continuation vehicle were ranked equally (44% each, as respondents were able to +1-212-649 8172

make multiple selections) in terms of most frequent expected exit path over the

Mary Mahrer next 12 months.

2. The outlook for private equity exit opportunities is not overly bullish with just 2% mary.mahrer@ubs.com

of respondents believing exit opportunities will strongly improve over the next six +1-212-713 9014

months, 26% responding they will 'improve somewhat' and 39% thinking Cory Johnson

opportunities will remain stable. Associate Analyst

cory.johnson@ubs.com

3. The primary source of valuation gap between buyers and sellers today appeared to +1-212-882 0078

be differing revenue-growth assumptions according to 30% of respondents.

4. AI ranked slightly below interest rates and geopolitical risk as one of the top

factors currently impacting investment decisions today.

5.