Private Equity

Peel Hunt sees ‘explosion’ of private equity deals as tax changes loom

Labour’s shadow chancellor has pledged to close PE’s lucrative carried interest provision

Rachel Reeves is on mission to crack down on the sector
Rachel Reeves is on mission to crack down on the sector Photo: Nicola Tree/Getty Images

Peel Hunt is forecasting 'an explosion' in UK private equity dealmaking next year ahead of potential tax changes facing buyout bosses.

An annual survey of over 250 private equity firms by the investment bank found that 63% believe capital gains tax changes will drive deal flow in 2024.

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