The financial crisis impacted private equity (PE) along with every other segment of the investment world. Now, new funding is down and competition is up. In addition, good deals are harder to find and exit strategies are harder to implement. Edward J. Mathias, a director of The Carlyle Group, gives a short course in the industry’s celebrated past and recent change in circumstances.
For more on this class session, see: http://knowledge.wharton.upenn.edu/pe/class-06.cfm