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Abigail Hofman

Abigail Hofman

We’re here to save the world and we don’t need any questions

Country risk index

Country risk index

Bi-annual survey monitoring political and economic stability of 185 sovereign countries

May 2008

Private equity adapts to the new climate




"Houses have the luxury of waiting to see where the markets are going"
Malcolm Wright, KPMG

Private equity businesses have taken a battering from the credit crisis but the industry remains flush with cash commitments from investors and appears to be trying to adapt to a world devoid of easy and cheap financing. Private equity firms raised $163.5 billion in the first three months of the year, with six leveraged buyout companies raising $82 billion in the quarter, up from $64 billion in the last quarter of 2007, according to Private Equity Intelligence, a research company. However, leveraged buyout firms led only $73 billion of takeovers this year, which is less than a third of the $234 billion of deals announced in the same period in 2007.


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