This panel will explore how private equity players navigate exit strategies when portfolio companies face financial distress or adverse market conditions. Discussion topics will include assessing turnaround versus exit decisions, restructuring options, and the role of debt holders and other stakeholders in shaping outcomes. Panelists will examine tools such as secondary sales, distressed M&A, recapitalisations, and insolvency proceedings, as well as legal and regulatory considerations across jurisdictions. The conversation will also address valuation challenges, timing of exits in volatile markets, and lessons learned from recent distressed situations, offering practical insights for investors managing downside risk.