The Boston Globe Quotes Asset Management Partner John Ayer on PE Portfolio Company Challenges
An April 27 article by The Boston Globe titled “Investors are making tough decisions on startups” reports that for companies backed by venture capital and private equity, the COVID-19 pandemic has proven to be a particularly tough time to raise capital — even as many firms need a quick infusion of funds more than ever. The article includes comments from asset management partner and private equity industry group co-head John Ayer, who highlights the challenges investors are facing as they assess the capital needs of their portfolio companies.