How US PE firms can keep investing during the next recession
June 06, 2017
In the latest PitchBook research note devoted to private equity, our research analysts dig into historical and current datasets to address a pressing question: How will PE firms navigate the next recession?
Presenting relevant datasets such as transaction multiples and AUM tallies, the research note also includes key points for PE firms to consider in preparation. Here are a few top insights:
US lenders struggled to fund buyout activity during the last recession, resulting in an 81% decrease in deal value between 2007 and 2009
The primary issue for PE buyers moving forward is grappling with the vast sums of dry powder chasing a decreasing number of quality targets
Developing nonbank lending networks will help PE firms maintain deal flow in the event of an economic downturn