The number of mega-deals, defined as transactions over $10 billion, doubled in 2025 compared to the previous year, reaching a decade high.

The use of continuation vehicles has become a major trend in private equity, enabling partial monetization while allowing companies to stay private for longer.

Cross-border M&A activity in 2026 is expected to be concentrated in outbound investment from Asia and the Middle East into the United States.

Strategic investors are frequently making minority investments in multiple AI companies to gain exposure and identify future market leaders.

The private equity secondary market volume increased by 60% year-over-year in 2025.

Global M&A volume reached $4.5 trillion in 2025, a 38% increase year-over-year.