Outlook 2020: Where are the opportunities for private equity?

2019 wasn’t exactly a banner year for private equity, but the industry has continued to attract interest from institutional investors in the current low-rate environment. The third quarter of last year saw $163 billion in aggregate capital raised, according to alternative data provider Preqin. The Ontario Municipal Employees’ Retirement System, for example, has just expanded its private equity team by adding a Blackstone veteran to its team in Singapore. Thailand’s Government Pens…