Monday 2 November: "Capitalism is changing for the
better"
Business, and particularly those fuelled by Guernsey's
specialism of private equity financing, will not be derailed by the
Covid-19 crisis, the first session of this autumn's Funds Forum
webinars heard today.
Our panellists for the "Sanctuary II" forum - Gurpreet
Manku, Deputy Director General and Director of Policy at the
British Venture Capital and Private Equity Association (BVCA), and
Mark O'Hare, founder and Chief Executive of Preqin, the market
data analysts, agreed that the private equity model was far from
broken in the current environment.
"The model is still intact," said Mr O'Hare, who
quoted Preqin research highlighting that PE and private capital
investment and deals were still holding up strongly through the
pandemic. "Private capital is still very much where it
was."
