VIDEO: Sperling on private equity's 'new normal'(2)

Changing LP appetite for co-investments and a stronger regulatory environment have shaped a new normal in private equity, says Scott Sperling, co-president of Thomas H Lee Partners.

Speaking on the sidelines of PEI’s CFOs and COOs Forum 2013, co-president of Thomas H Lee Partners Scott Sperling explains why having LPs with a capacity for co-investing is an asset, and how the increased regulatory environment has led to a 'new normal' for private equity: