GS · News · 20260922N

Capital Markets Demand Trends

GOLDMAN SACHS GROUP INC · 2026-09-22 · Importance 17 · Surprise 24

Private equity funds in Switzerland are increasingly losing deal auctions to strategic buyers. Goldman Sachs banker Fedor Schulten said private-equity firms are retreating from sell-side processes in the region. He characterized their dropout rate as "incredibly high," indicating weaker private-equity participation and greater competition from corporate acquirers.