Private Equity in Crisis: Resilience and Challenges

This chapter examines the role of private equity in American business, particularly during the COVID-19 pandemic and its ensuing economic challenges. It covers the implications of increased leverage, the contrasting experiences in Europe, and the changing perception of private equity as essential capital amid financial instability. The narrative highlights the dual responsibilities of private equity firms in supporting both their portfolio companies and seeking new investment opportunities during a tumultuous market.