Aly Alibhai

M&A Metamorphosis: How Private Capital and Tech Are Reshaping Financial Markets | Global Conference

Romaine Bostick, Anu Aiyengar, Aly Alibhai, Vanessa Dager, Jason Greenberg, Andrea Guerzoni, Ali

Driven by political uncertainty and tariff-related volatility following the new U.S. administration's policies, global M&A volumes have declined significantly despite a previously robust 57% CEO appetite for deals. Current market dynamics favor selective, smaller transactions under $5 billion and continuation vehicles as corporations prioritize internal resilience and navigate heightened regulatory scrutiny across tech and cross-border sectors. While deal processes have stretched to years due to valuation renegotiations, industry experts maintain cautious optimism that activity may normalize in the second half of the year once policy clarity emerges.