Private equity has seen incredible growth over the past decade. Yet, as dry powder has grown to over $2 trillion, there is increasingly a sense of too much cash chasing too few deals. How are investors adjusting to a crowded field and should investors be worried as the longest economic expansion in US history continues? Are valuations overly optimistic and how will EBITDA add-backs and cov-lite play out in a market turn? Join our discussion on the decade long growth, developments in financing and capital structure, as well as regional differences of private equity.
Moderator
Deborah Orida
Senior Managing Director and Global Head of Active Equities, CPPIB
Speakers
Jim Coulter
Co-CEO and Founding Partner, TPG
Brian Sheth
Co-Founder and President, Vista Equity Partners
Lei Zhang
Founder and CEO, Hillhouse Capital Management Group