Where to Turn in Turbulent Times? Experts Weigh In
Private Equity on Hiatus
"Until you kind of know where the bottom is, until you have some sense of the assets you're buying, you can't do anything, and so, you're going to see for the most part, a period of hiatus in private equity, as everyone kind of regroups, finds out where the values are, and of course, you can't borrow any money right now to do a classic leveraged buyout."
-Steve Rattner, Quadrangle Group, Managing Partner