2022 has truly been an unprecedented year for raising capital in the private markets. As pandemic-related restrictions abated, the market saw an enormous influx of funds come to market. With significantly more funds in market than previous years, LPs have had to deal with an increasing flow of fund re-ups and GPs have had to fight through a very crowded market of competitors.
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The worldwide COVID pandemic has created fundamental changes to the way we live our lives and has significantly increased systematic risk in the current landscape. Individuals, businesses, organizations, and our greater society are more reliant than ever on the internet and a digital economy. This increased reliance on digitalization has led to a significant growth in cyberattacks and threats in the current environment.
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