At The Deal's Fifth Annual Private Capital Symposium Mathew Lori, managing director at New Mountain Capital LLC, and Alan Jones, co-head of global private equity at Morgan Stanley, discussed private equity transactions and how leveraged lending markets are affecting middle-market company valuations.
"Because it is hard to get access to credit, you know the valuations are more reasonable, and you can structure them better. And I think that for fundamentally good companies, those deals still will trade," Lori said.
"This environment is and should be one of the greatest environments for putting money to work in private equity," Jones said.
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