Read the PEW Global Outlook 2021 to find out the views of GPs who actively managed their private equity portfolios through the turbulence of 2020. What shifts are they seeing in the market, what sectors will strengthen, where is the potential for growth?
The 'Private Equity Global Outlook 2021' special report comprises two separate articles listed below, these can be read individually or as a sequence.
2020 saw unprecedented pandemic-induced turbulence on the political, social and economic arenas not seen for decades. While some of the major private equity groups on the global scene – the likes of KKR, Blackstone and Apollo – managed to draw on dry powder, scoop up distressed assets in the wake of the turmoil, and launch new credit funds amid the financial havoc, there are many firms who have struggled with keeping their portfolio companies afloat while coping with vast demands on management. We also witnessed debut managers experience increasing hurdles.
By George Ralph (pictured), Managing Director, RFA – Technology has moved so quickly over recent years. Once new technology has been implemented there is no way back, but this is a positive thing as businesses, including private equity firms, have benefited hugely from the collaboration tools available today.