Fresh Pick of the Day, May 15, 2014: “Private Equity at a Crossroads” from Knowledge@Wharton

From Knowledge@Wharton – “weaker-than-expected economic growth may at least have the virtue of uncovering some diamonds in the rough. Uncertain growth is also causing investors to get choosier about their PE investments. Expect money to gravitate toward large firms with solid track records, and also towards niche firms that offer a unique approach. Firms in the middle could get squeezed.”

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