VentureBeat: Private equity firms keep raising money, but where is it going to go?
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William Quigley · 1 year agoIt is strange to me that the limited partner community continues to pour money into private equity funds. As many investors often do, the LPs are looking at historical returns to justify continued investment in the sector. But with the sub debt markets almost shut down, and with a 750 basis point spread between high yeild and treasuries, it is hard to imagine the buy out market doing well in the next 5 years. I recently put together a set of slides (for some of my limited partners) on why VC is a much better bet over the next 5 years. If interested, you can see the slides on my bio (william quigley)on the Clearstone web. sitehttp://www.clearstone.com/content/html/about-team-profile.htm?a=10