The Flip Side: 2009 Brought a Few Surprises
Yesterday we posted a list of the year's five "false alarms," or trends that were blown out of proportion in the last year. Things that everyone got excited about happening (for better or for worse) but never really happened. You know, things like LP defaults, the secondary market, and PE bank deals. That's not to say we weren't surprised by a few things, for better or for worse. Here's a slightly shorter list of what caught private equity off guard this year.





