Financial Times Quotes Asset Management Partner and Private Funds Specialty Group Co-Head on PE Opportunities in COVID

Insights from asset management partner and private funds specialty group co-head Morri Weinberg are included in a March 18 piece published by the Financial Times titled “Private equity firms target dealmaking opportunities amid turmoil.” Morri outlines how, as the COVID-19 crisis escalated in March, some private equity executives “assess[ed] existing portfolios, taking a look at what their liquidity needs might be.” While the article noted that a few buyout executives expressed concerns that investors might have trouble coming up with resources in event of capital calls, Morri highlighted that even during the 2008 financial crisis, such worries almost always proved unfounded.