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But on the other hand… 5 Feb 2009
Yesterday we highlighted the bullishness that's present among many in the private equity world. (Although perhaps "bullishness" is overstating it... "resilience"? Perhaps "positivity"?) But there are still many who see problems for PE funds this year, as well as opportunities from cash-hungry businesses and more realistic asset prices.The big problem is that while low asset prices make acquisitions... Read more
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“Private equity is not dead” 4 Feb 2009
So sayeth Henry Kravis, KKR's eponymous commander-in-chief and PE survivor of at least two recessions and one major banking crisis. He was speaking at Davos - we can't imagine anyone being better qualified to join assorted other Masters of the Universe than Henry - and made it clear that the industry has a huge role to play in ... Read more