09/10/2020
“I think the money is leaning towards high returns and distress,” agrees Weill.
Distressed assets are a hot topic.
For our firm, it's an area where we can shine for clients and add even more value to a great deal.
During due diligence if latent hail damage is discovered, a loss assignment can be applied at closing, resulting in a new roofing system and freeing up capital that can be allocated elsewhere.
It's a great feeling being able to deliver that kind of value to our clients...
We're thankful that we get to experience that feeling often.
Capital will be highly selective, which may create winners and losers among private equity fund managers who are able to capture dollars.