Improving lending conditions and receding inflationary concerns supported a more favorable economic outlook and sparked greater exuberance for dealmaking activity at the onset of 2025. However, late Q1 tariff policy has introduced additional volatility into the market that is weighing on prospective sellers and investors alike. Despite the uncertainty permeating in public markets, private markets continue to enjoy a healthy amount of liquidity, which sets the stage for a rebound in M&A as soon as confidence returns to the sellers.

Join RA Capital for Our Quarterly Review of the Data and Trends for M&A and the Capital Markets

To watch the Q1 2025 Private Capital Markets Update, click here: Replay

Discussion Topics:

• Venture capital activity and the outlook for VC investment
• IPO issuances and public market valuations
• M&A activity and valuations across sectors and transaction sizes
• Debt market trends, including current rates and spreads, leverage levels and private debt activity
• Private equity trends in investment activity, fund raising and exits
• Market outlook for the remainder of 2025