The Importance of Prudent Management in a Post-GFC Environment

There's a lot of and then parentheses negative talk about interest rates and payments and access to funding. What have the good PE managers done to support their portfolio companies in this type of environment? And especially given that many companies probably went through a similar experience in post-GFC in 2008 and in the following years. Well I think first and foremost and certainly in Europe if you look at our portfolio it was when when hedging costs were so low both at the just prior to and then the onset of the pandemic It was very prudent of course to swap out all of your floating rate liabilities into fixed rates.