Published November 22, 2011 at 4:00 AM
"In the past, 10%-15% of all the deals we saw, not the deals we closed, but the deals we saw came from another private equity firm," according to The Riverside Company's Robert Landis, "what we have seen this year is that its up to 20%-25%." Speaking from the 11th annual Yale School of Management Private Equity Conference
in Stamford, Conn. Landis expects to see a sharp spike in secondary buyouts in 2012 as private equity firms bring portfolio companies to market in hopes of finally being able to get the exit multiples they're looking for.
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.