Globalization is set to slow amid a new dawn of re-alignment of supply chains. These changing trade winds are likely to prompt the reshoring of manufacturing and production. This brings opportunities across private capital as relocating production will require finance. However, reshoring of production to higher-cost domestic markets risks embedding new sources of longer-term inflation. Further, business models will become more dependent on subsidies and tax credit schemes to maximize profitability. Fundraising has already begun to adjust to this new era as managers anticipate emergent opportunities. 

In our latest Insights+ report, Preqin's Sector in Focus: An LP's guide to the impacts of reshoring on manufacturing supply chains, we analyze the implications of these trends on strategically important sectors deemed critical to national security.