Special featured editorial on the Business Reporter web site, January 25, 2024.
2023 was another wild ride for the global investment community. On the one hand, turbulence included continued economic headwinds, geopolitical turmoil, and new regulation on many fronts. At the same time, certain equity markets are at all-time highs. Moreover, investors found a bright spot in alternatives. An abundance of dry powder is refueling deal flow in resilient sectors and a new landscape of investments opportunities emerged for innovative and disruptive technologies spurred by artificial intelligence (“AI”) and other new technologies.
Throughout the year’s peaks and valleys, Dynamo surveyed a global audience of alternative investors quarterly to maintain the pulse of their priorities, challenges, attitudes and plans. Based on our research, and our frontline experience working with more than 1,000 investor clients around the globe, there were a few key takeaways that we believe set the stage for another dynamic year in 2024.
Record Levels of Dry Powder Set a Highly Competitive Stage for 2024
Investors’ dry powder reached record levels in 2023. With more capital to deploy than ever, an increasingly competitive deal market is heating up. Certain sectors, like artificial intelligence, are driving a new wave of investment opportunity, and the LP investors Dynamo surveyed said generative AI was the top area of technology they want their fund managers to invest.
Read the rest of the editorial on the Business Reporter web site here.