Q4 2024
October 1, 2024
2024 private markets election guide: How the parties stack up
The US presidential election next month could have significant consequences for private market participants, both for asset classes and the industries that VC and PE firms favor, our latest analyst note explains.
The note examines how policy differences between the two parties could impact 20 different industry and technology sectors—including AI, healthcare and fintech—as well as VC and PE firms.
Much of the election’s impact depends not just on who wins but how they win—with or without the support of Congress, for example. And the trajectory of interest rates and the economy will be the primary drivers of valuations and growth for portfolio companies.
Introduction | 1 |
Industry and technology | 2 |
Artificial intelligence & machine learning | 2 |
Healthcare | 3 |
Biopharma | 5 |
Pharmatech | 5 |
Medtech | 6 |
Data analytics | 6 |
Space tech | 7 |
Climate tech | 8 |
Fintech | 10 |
Information security | 12 |
Foodtech | 12 |
Agtech | 13 |
SaaS | 14 |
Aerospace & defense | 15 |
Industrials | 15 |
Mobility tech | 16 |
Supply chain tech | 17 |
E-commerce | 17 |
Gaming | 18 |
Crypto | 19 |
Venture capital | 20 |
Private equity | 21 |