Private Equity Signals Slowdown After $150B Sales Bonanza

Champagne will oversee the firm’s investment strategy, portfolio construction and risk management functions.

Private equity’s secondaries market is bigger and more liquid than ever, but as record volumes collide with rising NAV leverage, getting deals done now hinges less on price and more on approvals, compliance and execution.

With economic headwinds still in play and banks remaining on the sideline, opportunistic credit is expected to remain in high demand.