At The Deal's Fifth Annual Private Capital Symposium Jonathan Lynch, Managing Director of CCMP Capital explained that even though there is more constraint in the deal economy, there are significant opportunities still out there in the marketplace.
It is the sourcing of the deals that are different, Lynch said. The deals are not going to the major investment banks, but to a smaller set of acquirers. "What you are seeing out there are families and entrepreneurs that do have an interest in selling properties or arriving at some form of liquidity for their estate, and they are trying to do it in a much more negotiated way," Lynch added.
Ken deRegt will retire as head of fixed income at Morgan Stanley and be replaced by Michael Heaney and Robert Rooney. For other updates launch today's Movers & shakers slideshow.