Cleary Gottlieb partners Maurice Gindi and Adrian Rae Leipsic were quoted in the article, “PE in a Recession: Tips for Tailoring Fundraising Efforts, Anticipating Demand for Secondaries, and Managing Co‑Investments (Part One of Three),” which was published by Private Equity Law Report.
This first article in a three-part series summarizes the industry’s views on a potential recession, as well as ways managers’ fundraising efforts will need to be modified and the likely importance of the secondary market.