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Julian Dobrovolschi
  • Julian Dobrovolschi

ODDO : High-quality private market managers, diverging valuations

EQT and PG are high-quality private market investors with strong brands, and performance. PG however stands out with its bespoke offering, which is unique and appealing. Both trade at justified premium to peers, yet relative to each other PG is more attractively priced. We initiate EQT with Neutral and SEK 350 TP and PG with Outperform and CHF 1,290 TP.

ABGSC Financials Research ... (+3)
  • ABGSC Financials Research
  • Magnus Andersson
  • Patrik Brattelius
ABGSC Financials Research ... (+3)
  • ABGSC Financials Research
  • Magnus Andersson
  • Patrik Brattelius
ABGSC Financials Research ... (+3)
  • ABGSC Financials Research
  • Magnus Andersson
  • Patrik Brattelius
ABGSC Financials Research ... (+3)
  • ABGSC Financials Research
  • Magnus Andersson
  • Patrik Brattelius
ABGSC Financials Research ... (+3)
  • ABGSC Financials Research
  • Magnus Andersson
  • Patrik Brattelius
ABGSC Financials Research ... (+4)
  • ABGSC Financials Research
  • Derek Laliberté
  • Magnus Andersson
  • Patrik Brattelius
ABGSC Financials Research ... (+4)
  • ABGSC Financials Research
  • Derek Laliberté
  • Magnus Andersson
  • Patrik Brattelius
ABGSC Financials Research ... (+3)
  • ABGSC Financials Research
  • Magnus Andersson
  • Patrik Brattelius
ABGSC Financials Research ... (+3)
  • ABGSC Financials Research
  • Magnus Andersson
  • Patrik Brattelius
ABGSC Financials Research ... (+4)
  • ABGSC Financials Research
  • Derek Laliberté
  • Magnus Andersson
  • Patrik Brattelius
ABGSC Financials Research ... (+3)
  • ABGSC Financials Research
  • Magnus Andersson
  • Patrik Brattelius
ABGSC Financials Research ... (+3)
  • ABGSC Financials Research
  • Magnus Andersson
  • Patrik Brattelius
ABGSC Financials Research ... (+3)
  • ABGSC Financials Research
  • Magnus Andersson
  • Patrik Brattelius
ABGSC Financials Research ... (+3)
  • ABGSC Financials Research
  • Magnus Andersson
  • Patrik Brattelius
ABGSC Financials Research ... (+3)
  • ABGSC Financials Research
  • Magnus Andersson
  • Patrik Brattelius

Private Markets - Quarterly Review Q1'25

Deal activity well below peak levels in all regions, which is also the case for exits. Better deal and exit activity needed for the positive sentiment to hold.

ABGSC Financials Research ... (+4)
  • ABGSC Financials Research
  • Derek Laliberté
  • Magnus Andersson
  • Patrik Brattelius
ABGSC Financials Research ... (+3)
  • ABGSC Financials Research
  • Magnus Andersson
  • Patrik Brattelius
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