Managing Director Markus Lahrkamp Featured in Mergermarket
PE Exit Momentum Stalls in 2Q25 – Dealspeak North America
Private equity exit activity in North America slowed in Q2 2025, with volume falling to USD 102 billion – an 11% drop from the previous quarter. The slowdown reflects growing uncertainty driven by newly implemented tariffs on U.S. trading partners, as well as other persistent issues in recent years – elevated interest rates, valuation mismatches and geopolitical concerns.
A&M Managing Director Markus Lahrkamp was recently quoted in Mergermarket, offering insights into the challenges facing the private equity industry. “The fundamental issue is that a lot of the topics that have been stopping or stalling exit activity have not changed significantly,” he noted. While market uncertainty persists, high-quality assets continue to attract buyers. Markus's perspective highlights the importance of strategic portfolio positioning as firms prepare for a more selective and value-driven exit environment.