Private equity and credit outlook 2024

What does 2024 hold for LPs? Our portfolio managers discuss the risks and opportunities.

December 8, 2023

Direct lending outlook: four expectations for 2024

Maila Chuong, Director, Head of Capital Markets, Senior Credit Manulife Investment Management

Devon Russell, Senior Managing Director, Co-Head of Senior Credit Manulife Investment Management

Learn why this very moment represents an attractive entry point for direct lending—and why it’s likely to continue shining as a critical part of a diversified portfolio.

December 18, 2023

Co-investments: valuation capitulation may favor buyers in 2024

Scott Garfield, Senior Managing Director, Head of North America Private Equity Manulife Investment Management

While private equity has been on pause since mid-2022, we believe valuations will fall, activity will rise—and that 2024 will present an attractive entry point.

December 18, 2023

Secondaries: 2023's disappointments point to 2024's opportunities

Jeff Hammer, Senior Managing Director, Global Co-Head of Secondaries Manulife Investment Management

Paul Sanabria, Senior Managing Director, Global Co-Head of Secondaries Manulife Investment Management

Private equity’s history suggests that pent-up volume not addressed in 2023 will flow into what could be an explosion of secondaries market activity in 2024.

December 18, 2023

Mezzanine: low leverage and high rates point to attractive risk/return

Joshua A. Liebow, CFA, Co-Head of Junior Credit Manulife Investment Management

Matt Szwarc, Managing Director, Head of Junior Credit Manulife Investment Management

Mezzanine’s current characteristics—including lower leverage and higher coupons—make it one of the most attractive entry points into the asset class in years.

December 18, 2023

Primary investments: build new relationships in the lower middle market

Richard Tarr, CFA, Managing Director, Private Equity Funds Manulife Investment Management

LPs making primary investments can build new relationships in the lower middle market, where we believe many of the most promising opportunities reside today.

December 19, 2023

Private equity Asia: focus on deal-rich Japan

Liam Coppinger, CFA, Senior Managing Director, Private Equity Asia Manulife Investment Management

Japan’s active and growing private equity market is being driven by family business succession planning, corporate carveouts, and take-private transactions.