
Global Private Equity Assets Hit Record $9.9T, Poised to Reach $17.4T by 2030
Global private equity assets have reached an all-time high of $9.917 trillion, rising more than 570% since 2010 and up 10.8% year-to-date through December 2024, according to Ocorian’s latest Global Asset Monitor. The asset servicer forecasts another 75.5% expansion by 2030, pushing total private equity assets to approximately $17.41 trillion as the asset class becomes further entrenched in institutional and wealth portfolios.
Asia has been the fastest-growing engine of expansion in 2025, hitting a record $2.1 trillion in private equity assets — a 15.8% increase in the first eight months of the year. While the region currently represents only about 20% of global private equity assets, it contributed roughly 30% of total asset growth in 2025, underscoring its accelerating influence.
North America remains the industry’s anchor, with 57% of total private equity assets and a record $5.64 trillion in underlying assets as of early September, up 9.6% year-to-date. Private equity funds domiciled in North America now manage $5.06 trillion — 51% of global fund AUM — compared with 31% for Asia-domiciled funds and 15% for Europe-domiciled funds.
“As private equity matures into a $17 trillion market by 2030 and aims to solidify its place as part of the whole model portfolio, the advantage for managers is shifting back to operating discipline and value creation,” said Yegor Lanovenko, Global Co-Head of Fund Services at Ocorian.