2026 Dechert PE Outlook Report: Signs of a Gradual Thaw

Which of the following sectors do you expect your organization to be invested in over the next 24 months? (Select all that apply)

75%

Lifȃ sciȃncȃs & hȃǸlthcǸrȃ

22%

74%

TȃchnoloȌy

22%

60%

Consumȃr

11%

58%

Businȃss sȃrvicȃs

16%

47%

IndustriǸls

9%

42%

FinǸnciǸl sȃrvicȃs

8%

41%

ArtificiǸl IntȃlliȌȃncȃ

0%

29%

MǸnufǸcturinȌ

2%

24%

Food & bȃvȃrǸȌȃ

1%

19%

EnȃrȌy

6%

16%

InfrǸstructurȃ

2%

14%

LoȌistics

1%

12%

TȃlȃcommunicǸtions

0%

10%

DȃcǸrbonizǸtion

0%

8%

EducǸtion

0%

5%

MȃdiǸ

0%

4%

Dȃfȃnsȃ

0%

4%

Sports

0%

All thǸt Ǹpply

Most importǸnt

Hot sectors: where GPs are focused The survey findings show that respondents are homing in on priority sectors and are well-versed in the specific dynamics and challenges that come with investing in their chosen industries. Life sciences (including healthcare) and technology are each expected to be invested in by approximately three- quarters of survey participants over the next 24 months, with each of these two sectors also selected by 22% of GPs (the highest scoring categories for GPs) as their most important sectors. This should come as no surprise given the underlying demand and growth in these industries.

75% Sector preferences Three-quarters of survey participants expect to invest in life sciences (including healthcare) over the next 24 months. Almost as many (74%) state that they will invest in technology.

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