Impacts on Private Equity in the New Normal

In such an unpredictable market, how can valuation groups make fair and reasonable analyses? Withum’s Tom Angell discusses how auditors considered the new AICPA valuation guidelines and took lessons from the 2008 crisis to reflect the market drop in their valuations accurately.

The COVID pandemic has deeply impacted private equity, particularly when it comes to managers who are on the fundraising trail. Tune into hear Withum’s Tom Angell discuss why fundraising dropped significantly in the second quarter—the lowest it’s been since 2008. With little to no in-person meetings, how will new managers gain investor confidence to grow their funds? And how some funds are performing quite well in the pandemic, including turnaround funds and secondaries funds.

The COVID-19 Pandemic brought global deal flow to a halt. Withum’s Tom Angell discusses how M&A activity slowed drastically and projects sellers’ perspectives looking to the future. Additionally, Tom discusses the popularity of IPOs, specifically SPAC IPOs and how they have flooded the market and sparked deal flow.

Tune in as Withum’s Tom Angell discusses how private equity is adapting to and navigating risk in the new normal. He offers advice for first-time fundraisers within the context of extended economic strain, stressing patience and defensiveness in an ever-turbulent economy.