“Now is the time that firms should be evaluating and creating their teams in anticipation of when the market is going to turn”Marc Chase
Article
Dry powder reserves point to insatiable buyout demand
This article originally appeared in the Fall 2023 edition of Middle Market DealMaker Magazine.
With increasing cost of capital, rising interest rates, inflationary concerns, macroeconomic uncertainty and geopolitical environment, coupled with market volatility, private equity firms seem cautious about investing. As a result, the global private capital industry is sitting on $3.7 trillion of dry powder as of June 2023, $1.1 trillion of which is allocated for buyouts.
In a recent interview with Middle Market Growth Magazine, Baker Tilly principal and private equity leader Marc Chase sheds light on the current dynamics in the private capital industry.
