Heard on The Street: Private equity shows surprising resilience
Date: February 21, 2011
The collapse of the EMI buyout was the outcome many had expected for the private-equity industry. Back in 2008, Boston Consulting Group predicted the majority of private-equity-owned companies would default within two to three years.
That now looks unlikely. Most have pulled through, and some evidence suggests financial-sponsor-backed firms performed no worse than publicly listed peers, and in some cases, better.
- requires subscriptionSource: Financial News
