EPISODE · Dec 12, 2025 · 19 MIN
2025 Reflections: Private Equity's Year of Adaptation - Part A
from BDO Private Equity PErspectives Podcast
In BDO's final Private Equity PErspectives podcast episode of 2025, Host Todd Kinney is joined by Nicolas Vega Llona, Principal at Lincolnshire, and Monty Yort, Managing Partner at GenNx360, to discuss:The biggest shifts in private equity throughout 2025 and how firms adaptedPortfolio company performance relative to expectations amid macro challengesHow proactive sourcing strategies helped firms find quality deals in a difficult marketBe on the lookout for part two in January, where Nico and Monty will explore exit strategies, creative deal structures, and where leading investors are placing their bets in 2026.
What this episode covers
2025 didn't unfold as many private equity firms expected. Slower deal flow, macro headwinds, and increased competition for quality assets forced firms to adapt their approach.
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2025 Reflections: Private Equity's Year of Adaptation - Part A
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