Some commentators say that private equity is ‘over the hill’, that its business model reached its peak. Given that the low-hanging fruit has gone, it will by definition lose out against strategic buyers and therefore decrease in importance in future. While this seems to be greatly exaggerated, it is true that private equity is facing its challenges these days. The panel will discuss on the basis of recent PE deals, the state of the industry in Europe, its business model, its role in the future and its challenges.
Frank Thiäner P+P Pöllath + Partners, Munich; Chair, Private Equity Subcommittee, IBA Corporate and M&A Law Committee
Carlo Croff Chiomenti Studio Legale, Milan
David Patrick Eich Kirkland & Ellis, London
Adriana Gaspar Nestor Nestor Diculescu Kingston Petersen, Bucharest