What does 2013 hold for private equity?

PRIVATE EQUITY

Amy Mahon, partner at Clifford Chance, outlines challenges and opportunities for firms.

After several years of uncertainty and conditions of depressed activity, 2013 could see a return to form for the private equity industry. Low interest rates have encouraged institutional investors to focus on private equity in the search for greater returns. Despite tough credit markets, regulatory reform and uncertainty and competition from corporates for quality assets, it appears that private equity is still an important allocation in most portfolios. A recent survey by CEPRES showed a continuing commitment to private equity – revealing that 92% of LPs were planning to make commitm...