Andrew Wollaston, Global Private Equity Transactions Leader, and Peter Witte, Global Private Equity Lead Analyst, discuss how PE firms are planning for a potential market correction and the opportunities it might afford. 

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While PE-backed companies performed generally well during the GFC, over the last decade, the PE model has evolved in a number of ways that make it even better prepared for future downturns:

• The industry has more capital at its disposal
• PE has diversified in ways that increase its resilience.
• PE firms have expanded their operating capabilities.
• LPs are more sophisticated and have access to better portfolio management tools.
• Perhaps most significantly, PE firms are prepared to deploy more aggressively than during the 2008 recession