China & Brazil hot, but U.S. & Europe not cold

A number of private equity firms are investing in China, Brazil and "other areas that they view as higher growth," says Debovoise & Plimpton LLP partner Franci Blassberg in The Deal magazine's special video series Globalization of Private Equity, sponsored by Merrill DataSite. "However, I don't think it means that the U.S. market is dead, or the European market is dead," says Blassberg. Senior writer David Marcus caught up with Blassberg at the recent International Bar Association's 10th Annual Mergers and Acquisitions Conference in New York. For more of Globalization of Private Equity, watch "PE right solution for Europe capital gap," our conversation with Jones Day partner Corinne Ball, and "Consumer deals catch fire in Brazil," our chat with CMF Associates' Thomas Bonney. - Mary Kathleen Flynn