LPs question deal pricing amid market turmoil


Andrea Auerbach, Cambridge Associates, SuperReturn US West, private equity
View of San Francisco Bay Bridge at sunset, with San Francisco in the background, in California, U.S. on August 11, 2017. REUTERS/Alexandria Sage - RTS1C1L5
Attendees arrived at an industry conference in San Francisco on Feb. 12 after two weeks of market volatility caused the Dow Jones Industrial Average to plunge more than 10 percent. Even as stocks rebounded, many LPs at the conference questioned how their private equity investments would ...

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