PE and the pandemic: What firms can do to gain a competitive edge
By Troy Pospisil, founder and CEO, InCloudCounsel – The Covid-19 pandemic has had massive economic impacts across the globe, though the ultimate effect on business remains to be seen. What will likely become clear in time, though, is that the pandemic will have a substantial negative impact on private markets that extends to almost every corner of the economy.
The global economic impact of the pandemic
At the outset, many expected industries on the front lines of person-to-person commerce, such as restaurants, hotels, and airlines, to bear the brunt of the pandemic. However, as time passes, we’re now seeing the consequences of the global shutdown reaching deeper into almost every industry.