Lets get into some of the burning issues. With me today are sonali basak, adam tempkin, and natalie wong. The total value of u. S. Buyouts has fallen 25 through october compared to the year last year. Why are private equity firms not putting more of their cash to work . Sonali one reason you can think of is valuation. Morgan stanley has pinned the first half of the year as the highest since 2000. Equity valuations are high but leverage levels are also high. One way that private equity firms make a return is by delevering the companies they invest in. Lisa are we expecting to see a pickup in a number of lbos next year . Sonali people are waiting for valuation to come down a little bit. Only so long you can hold onto cash. Everybody is looking at Warren Buffett, wanting him to spend more. Until that happens, until people get comfortable with the debt markets, youll not see it come back. Lisa even Warren Buffett tried to bid on a deal but got outbid by a private equity firm. He said, i do
Hamilton Lane Incorporated (NASDAQ:HLNE) Q4 2024 Earnings Call Transcript insidermonkey.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from insidermonkey.com Daily Mail and Mail on Sunday newspapers.
THE NEW co-CEO of private markets investment firm Hamilton Lane has one goal: getting retail investors excited about private markets.
Erik Hirsch, who began in the role last month, has taken the top.