Incompatible Browser
Looks like this browser isn't supported. We recommend you use Chrome, Firefox, or Safari instead.
  • Print
  • Email

Chicago Fed Letter, No. 245a, December 2007
Has Risk Management in Private Equity Kept Pace with Rapid Growth? (Special Issue)
At the time of the conference, the private equity industry was facing a rapidly changing environment. Credit markets were becoming more restrictive and risk averse, turning away from the low interest rates and accommodative credit terms that had prevailed for several years and had facilitated rapid growth in private equity investing. Private equity firms were facing the prospect of fewer deals, higher borrowing costs, tighter terms and a reduced availability of leverage. They also risked losing their competitive edge compared with more-traditional, strategic buyers. A number of conference participants addressed these changes and their possible effects on private equity.
Having trouble accessing something on this page? Please send us an email and we will get back to you as quickly as we can.

Federal Reserve Bank of Chicago, 230 South LaSalle Street, Chicago, Illinois 60604-1413, USA. Tel. (312) 322-5322

Copyright © 2021. All rights reserved.

Please review our Privacy Policy | Legal Notices