Following the financial crisis, the private equity industry had to confront unprecedented difficulties. This inaugural global survey of private equity chief financial officers attempts to capture the impact of these challenges and how finance executives around the world have dealt with them.
The findings not only provide useful insights and observations but also clearly demonstrate that firms are poised for growth and that chief financial officers are primed to overcome any obstacle. As the new year begins, CFOs are displaying a pervasive belief in near-term growth. Nearly four of five CFOs responded that their firm recently finished raising a fund, expected to raise another fund in the next three years and believed that the new fund will be of equal or greater value than the last.
Respectful of the industry’s bullish opinion on growth, finance executives are acutely aware that successful operating models rest on their ability to proficiently manage resources and costs. Skills developed in the past several years will be stretched to new limits as they are compelled to scale the business with the right balance of people, process and technology. Surely, these will be interesting times for private equity CFOs.
Read the full survey here.