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Description:
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Andrew Wollaston, Global Private Equity Transactions Leader, and Peter Witte, Global Private Equity Lead Analyst, discuss how PE firms are planning for a potential market correction and the opportunities it might afford. Visit ey.com to read our latest private equity perspectives. While PE-backed companies performed generally well during the GFC, over the last decade, the PE model has evolved in a number of ways that make it even better prepared for future downturns: - The industry has more capital at its disposal
- PE has diversified in ways that increase its resilience.
- PE firms have expanded their operating capabilities.
- LPs are more sophisticated and have access to better portfolio management tools.
- Perhaps most significantly, PE firms are prepared to deploy more aggressively than during the 2008 recession
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