seconds

Buyout Executives Speak Up on Europe, Asia, and PE

by

May 16, 2012

Asia remains an attractive target for private equity investment, while Europe is a destination for only the bravest investors, says Kevin Roose, reporting proceedings of a recent industry event for Dealbook. He notes some of the more interesting statements made at the Milken Institute’s annual global conference by a panel of private equity executives, which we summarized below.

Quotes from the article:

  • David Bonderman, a founding partner of TPG Capital, said Chinese regulations were challenging but not a deterrent to investing in the world’s second-largest economy. “It’s actually harder to get money into China than it is to get it out,” Mr. Bonderman said. “We haven’t had any trouble getting money out.”
  • The panel said Europe’s continuing financial crisis is creating potential opportunities but that heavy regulation made it difficult to invest in the region. “Europe is in kick-the-can-down-the-road mode,” Mr. Bonderman said.
  • Jonathan Sokoloff, a managing partner at Leonard Green & Partners, said the resilience of the U.S. consumer made the world’s largest economy a good place to invest because “Americans like to spend.”
  • Roose said that the panelists also noted that the U.S. remained attractive “although many of the most desirable investments had already been made”.

 

Share on FacebookTweet about this on TwitterShare on Google+Share on LinkedIn