Private equity players were more disciplined about their purchases following the financial crisis so the recent selloff in their shares may be overstated, said Jeff Eaton, Partner at fund placement agent Eaton Partners. Eaton added that only recently has he seen prices for buyout targets become rich due to bidding wars, but the recent market downturn should provide some relief. He said endowments and institutions continue to have an appetite for private equity funds despite the recent decision by Calpers to reduce its hedge fund exposure. Finally, Eaton said liquidity is not a worry for experienced private equity investors.
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