Information Overload: Summer Survey Time
This week three private-equity-related surveys / studies / white papers / whathaveyous were released and we've got the highlights of each. 1. Navigating Your Portfolio Through Turbulent Waters From Grant Thornton, ACG, and our parent company, Thomson Reuters The study looks at the state of portfolio companies, probably because there aren't any deals to examine. Interesting findings include stats on markdowns, time spent on portfolio companies, and favored strategies for success in the downturn. The white paper also takes a close look at pooled purchasing for health insurance for portfolio companies. -Almost half of all survey respondants said their 1% to 25% of their portfolio companies are in covenant default. The survey concludes with a taste of the obvious: "Now more than ever, most private equity firms have both the knowledge and the time to create real value at the portfolio level.
