Q2 2025 Private Equity & GP Deal Trends

What LPs Need to Know

Aug 29, 2025

∙ Paid

The second quarter of 2025 marked a pivotal moment for private equity and general partner (GP) deal activity. There is a strong momentum across private credit, renewed deployment from major managers, and shifting access for retail investors. For LPs, the trends signal both opportunities and risks worth watching closely.

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