It is difficult to predict with certainty where private equity will go in 2023, as it is influenced by a variety of factors including market conditions, economic trends, and changes in regulations. However, there are a few trends that may shape the direction of private equity in the coming years.

One trend that is likely to continue is the increasing use of technology in private equity. This may include the use of data analytics to identify potential investment opportunities, as well as the use of automation and other technology to streamline processes and improve efficiency.

Another trend to watch is the increasing focus on sustainability and impact investing. Many private equity firms are recognizing the importance of considering the environmental, social, and governance (ESG) impacts of their investments, and this trend is likely to continue in the coming years.

There may also be a continued focus on international expansion, as private equity firms seek out new opportunities in emerging markets. Additionally, there may be a trend towards larger, more complex deals as private equity firms look to take advantage of the current market conditions and the low cost of borrowing.

Overall, it is difficult to predict exactly where private equity will go in the coming years, but by keeping an eye on these trends, you can get a sense of the direction that the industry may be heading.