UK private markets dip in Q3
Private market dealmaking in the UK was sluggish in the third quarter of the year, PitchBook’s Q3 2024 UK Market Snapshot shows, with private equity and venture capital seeing dips in deal value. Fundraising for both asset classes has noticeably improved and is currently pacing above last year.
The UK’s economy showed strength in Q3 as inflation fell below the Bank of England’s 2% target. FTSE 100 returns slightly outperformed the Stoxx Europe—a broad measure of the European equity market—boosted by outperformance in basic materials.
Table of contents
| Market overview | 2 |
| Commentary | 3 |
| City comparison | 4 |
| Heatmap and scorecard | 5 |
| Macro activity | 6 |
| Equity markets valuations | 7 |
| Private markets | 9 |
| Fund performance | 10 |
| VC deal activity | 11 |
| VC exit activity | 13 |
| VC fundraising activity | 14 |
| PE deal activity | 15 |
| PE exit activity | 17 |
| PE fundraising activity | 18 |
| Corporate acquisition activity | 19 |
