In our cover story (see pages 6-7), we reflect on the highlights and lowlights of the past year. Additionally, we engage in conversations with key market players to gather insights into their expectations for 2024 (see pages 8-9). Amid the uncertainty gripping the market, the spotlight turns to the GPs navigating the midmarket terrain. Are they prepared for the hurdles that might come their way in the next 12 months? We shall soon find out.

Also in this issue:

• Special purpose: Special situations managers face up to the challenging environment
• Sniffing out danger: GPs and lenders collaborate to save struggling portfolio companies
• Value Creation Conference: Pulling the right levers
• Ask me anything... Insight on unlocking fund-linked remuneration and commitments
• Vulture: From lineouts to layouts; and eat, pay, free press

All the above plus our regular Deals in Focus, Funds in Focus and more from the Real Deals team can be accessed via the links below or the e-reader opposite. Happy reading!