John Stewart, MiddleGround’s Founding and Managing Partner, joined Bloomberg Radio’s Private Markets in Focus with hosts Scarlet Fu and Paul Sweeney to discuss the state of private equity and industrial manufacturing, and where he believes both are headed.

The conversation covered why exit activity and IPOs across private equity have slowed since the pre-COVID era, and how reshoring is shaping renewed demand and investment across US manufacturing. John also discussed how competition among private credit lenders has shifted deal financing and leverage over the past 18 months, along with what recent ISM manufacturing data shows about the sector’s potential for recovery.

*Views expressed are John Stewart’s own as of the date of the interview and are subject to change. This content is for informational purposes only and does not constitute investment advice.