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The PitchBook 2026 Outlook webinar series, hosted by our expert analysts, explores shifting private market expectations for the year ahead. With the most comprehensive, reliable, and timely intelligence, you will never miss a beat.
The US private equity sector regrouped after market uncertainty in the first half of 2025, experiencing a notable bounce back. Robust deal activity and improving exit conditions have set the asset class up for a promising 2026.
In this webinar, PitchBook private equity and private credit experts drew on the latest research and insights to discuss key forecasts for private equity in the year ahead.
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Key themes
PE rebounded in the second half of 2025.
Strong deal flow has reinformed investor confidence.
Improving exit conditions have set a positive trajectory for PE.
Jinny Choi is a senior private equity analyst at PitchBook, covering both US PE and global M&A markets with a focus on PE exit activity, cross-border M&A and antitrust risk. Choi’s insights have been cited in numerous publications including Business Insider, The Wall Street Journal and Private Equity Wire. Prior to joining PitchBook, Choi was a senior investment analyst at the Conrad N. Hilton Foundation, where she monitored existing investment managers, evaluated prospective investment opportunities in all asset classes, and conducted portfolio and strategy analysis.
Choi received a bachelor’s degree in international relations with an emphasis in global business from the University of Southern California. She is based in PitchBook’s Seattle office.
Kyle Walters is a research analyst at PitchBook, where he contributes to the firm’s private equity research. Prior to joining PitchBook, Walters was an M&A analyst at a boutique buyout firm.
Walters holds a bachelor’s degree in finance and business analytics from Le Moyne College. He is based in PitchBook’s New York office.
Kenny Tang joined PitchBook in May 2025 to lead its US credit research efforts, spanning credit markets and covering all aspects of the credit cycle. Previously, Tang was a director of leveraged finance and debt recoveries at S&P Global Ratings. He has presented at numerous webinars and conferences over the years and has published high-profile research on leveraged finance, distressed credits (including bankruptcies and liability management transactions), debt recoveries, and sector-specific trends. He was a senior voting member of S&P’s corporate rating committees, spanning across sectors.
Earlier in his career, Tang served as a debt workout/restructuring officer, portfolio manager and financial analyst, respectively, for various major financial institutions, including HypoVereinsbank (now UniCredit), BNY Mellon, Webster Bank and Fleet Bank (now BofA). His portfolios have primarily focused on mid- to upper middle-market borrowers spanning across sectors.
Tang holds an MBA in Finance from Bentley University, a Bachelor of Science in Finance from Central Connecticut State University, and a Real Estate Development Certificate from Cornell University.
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