Private equity fund managers are watching 2022 closely, focusing on numerous potential road bumps, including labor shortage issues, the war in Ukraine, rising interest rates, and the overall general economic climate, which has taken a bit of a nosedive since 2021. But few M&A gurus could have predicted that these same fund managers would be so intensely focused on ESG, the environmental, social, and governance criteria that is making entrepreneurs think twice about how they conduct business.
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