Baird Capital President Gordon Pan Talks Midyear Outlook with PE Hub

Gordon Pan, President of Baird Capital, recently detailed his outlook for the second half of 2025 with PE Hub.

Pan highlighted the uncertain, yet frequently misconceived, market environment in the first half of the year and emphasized his confidence in deal activity for the latter half of 2025.

“The risk-on appetite is improving and we’re starting to see this in our overall deal flow today, with more opportunities coming to market,” Pan commented.

He also dove into the dynamics of Baird Capital’s lower mid-market, founder-run B2B investment focus, and the secular focuses of IT services, pharma services and sustainability, emphasizing how these strategies will help propel the business in the second half of the year.