Private Equity Confidence Survey Central Europe

The Private Equity Confidence Survey has been tracking the changing sentiments of the Central European investment community every six months since 2003. Deloitte Central Europe proudly presents the latest report which marks the 41th edition of the programme.

Across its 20-year history, the Deloitte Central European Private Equity Confidence Survey Index has acted as a barometer of sentiment, with ups and downs captured and often hinting at market activity to come.

The first half of this year has seen a number of strong exits cast a positive light on CE deal doers’ ability to deliver returns. This is likely boosting respondents’ confidence, with the Index’s recovery gaining momentum in our latest Survey.

Central European Private Equity Index: Key findings

Economic prospects may be improving, with glimmers of optimism in our last Survey giving way to more concrete confidence. There has been a near halving of those expecting conditions to deteriorate, from 79% last time to just 43% this time, while the proportion expecting an improvement has shot up from just 3% to 15% this Survey. 

Optimism around market activity continues to grow, with over a quarter (26%) expecting a boost in transacting, more than double last survey’s 12%. Equally uplifting is that there has been a halving of those expecting a decrease, from over two-thirds last semester (69%) to a third (34%) this Survey.

Credit funds continue to play a bigger role in CE, with 45% of respondents now looking more to non-bank lenders for leverage for new deals and refinancings. 15% report needing more lenders now for a deal, and 13% of respondents claim their transactions are on hold, up from 8% in the last Survey and a clear sign of caution.

says Dusan Sevc, Deloitte Partner and Private Equity Leader.

Read the press release

Download previous editions:

• From adversity to Agility
   Central Europe Private Equity Confidence Survey - Winter 2023 (PDF, 2,83 MB)
• Experienced and well capitalized
  Central Europe Private Equity Confidence Survey - Summer 2022 (PDF, 3.3 MB)
  
• What goes up…
  Central Europe Private Equity Confidence Survey - Winter 2022 (PDF, 3.3 MB)

• Defying gravity
  Central Europe Private Equity Confidence Survey - July 2021 (PDF, 2.35 MB)
• Great expectations
  Central Europe Private Equity Confidence Survey - January 2021 (PDF, 2.30 MB)
• Confidence down, experience up
  Central Europe Private Equity Confidence Survey - July 2020 (PDF, 2.26 MB)
• Veteran resilience
  Central Europe Private Equity Survey - November 2019 (PDF, 1 MB)
• Harvest mode
  Central Europe Private Equity Confidence Survey - July 2019 (PDF, 1 MB)
• Caution returns
  Central Europe Private Equity Confidence Survey - December 2018 (PDF, 1 MB)
• Maintaining momentum
  Central Europe Private Equity Confidence Survey - May 2018 (PDF, 1 MB)
• Healthy appetite
  Central Europe Private Equity Confidence Survey - November 2017 (PDF, 1,16 MB)
• Great expectations
  Central Europe Private Equity Confidence Survey - May 2017 (PDF, 1,26 MB)
• Resilience amidst uncertainty
  Central Europe Private Equity Confidence Survey - October 2016 (PDF, 1.2 MB)
• Rebounding confidence drives mid-market
  Central Europe Private Equity Confidence Survey - May 2016 (PDF, 1.4 MB)
• Momentum persists amidst change
  Central Europe Private Equity Confidence Survey - October 2015 (PDF, 5.58 MB)