When the music stops: Be ready
Ian Lane joined Private Equity International for a roundtable discussion on co-investing trends in today’s market.
Ian Lane, managing director at HarbourVest Partners, adds: “Private firms have substantial dry powder to invest, while public market companies have high stock prices and large balance sheets they can utilise for M&A. At the same time, high valuations present a compelling opportunity to sell assets. We are seeing all of the historic drivers for deal activity in play in the current environment.”
The advantages of co-investment are clear. These deals provide the opportunity to tailor a bespoke portfolio, at reduced economics, and so the return prospects are compelling.
Read the full roundtable interview from Private Equity International here.