What replaces Private Equity? What's the next popular exit opportunity?
Thegave way to the rise of private equity in the 1980s. Today, the PE space is becoming crowded and returns are shrinking.
- Do you think there will be another thing like the popularization of the LBO to give way to a new type of alternative investor?
- Is there anything you see right now that is on the rise and can see more people jump ship from IB to join in the future?