MANAGER INSIGHTS

Megafunds have a higher perceived consistency of returns, says McKinsey

Megafunds have a higher perceived consistency of returns, says McKinsey

The coronavirus has decimated global markets in recent weeks. And with PE funds competing to complete deals last year at record high valuations, the big question now is how managers navigate the threats of recession over the coming period. Many will be asking themselves: ‘How far might valuation multiples fall in this current climate and do we have the right risk protection in place for our portfolios?’