GroveStreet Managing Partner, Bruce Ou, spoke at the Asia Venture Capital Journal (“AVCJ”) Private Equity & Venture Forum Japan ’23. Bruce’s session tackled the topic of “Accessing Global Opportunities.” Bruce shared his assessment of the current investment environment for venture capital and lower mid-market buyout, observing that there are a lot of uncertainties in the marketplace given the cross currents in the macro landscape. On venture he commented that “the music has definitely slowed” as a result of these uncertainties but acknowledged that he harbors some concerns that “a new DJ may appear and turn up the music again.” The ‘DJ’ or potential catalyst for renewed excess is of course AI, which GroveStreet is monitoring closely.