The global private equity deal value plunged by 37% to $438 billion in 2023 from $699 billion in the prior year, while exit value dropped by 44% to $345 billion from $613 billion over that time period, said a study.

According to Bain & Co.'s "Global Private Equity Report 2024", 38% fewer buyout funds closed - declining to 449 in 2023 from 722 in 202