Jeffrey Kanige//January 17, 2023
Markets in New Jersey, and across the country, are in a state of more intense flux than usual as the calendar turns to a new year. Inflation remains a challenge, along with the Federal Reserve’s efforts to tame it. And the concomitant higher interest rates are reverberating throughout the economy. For those reasons and others, 2023 is likely to be a watershed year for businesses of all types.
To get a sense of what’s ahead over the next 12 months and into the presidential election year of 2024, NJBIZ recently spoke with Chris Sugden, managing partner of Princeton-based growth equity firm Edison Partners. The firm’s portfolio companies are located outside Silicon Valley in 18 states. It has made more than 201 investments and 214 exits.
Sugden talked about where the economy and markets are now and what factors will drive them in the medium and short term. He also discussed some of the industries Edison focuses on, such as fintech and health care IT.
NJBIZ Conversations is now available as a podcast, as well as a video. Subscribe to NJBIZ Conversations on Apple or Google Podcasts. Find direct links here: njbiz.podbean.com
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