Private equity firms can use the volatility in global equity
capital markets to their advantage, if they plan for a flexible
Speaking at yesterday’s IFLR Asia private
equity forum, Freshfields’ corporate partner,
Simon Weller said firms able to delay exit timetables until
better valuations were possible, or source funding via high
yield or convertible bonds instead of initial public offerings
(IPO) could benefit from economic uncertainty.
"With the sovereign debt crisis and market volatility,
opportunities to exit will come and go," he said. "Those
financial sponsors that use the time to better prepare exit
strategies, establish innovative solutions to increase...