Bypassing Private Equity to Get a Slice of the Big Deal
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As of this month, three female partners, including Alison Mass and Stephanie Cohen, will be working with so-called emerging buyers at Goldman Sachs. CreditSasha Maslov for The New York Times
For decades, the buyers in some of the largest deals had come in three forms: private equity firms, corporations and public market investors.
But over the last few years, a new group of buyers has sprung up: sovereign wealth funds, pension funds and even private families have flexed their deal-making muscles. As interest rates hover near zero (and in many parts of the world, below zero), these investors, with trillions of dollars in their war chests, have taken it on themselves to buy pieces of companies, or in some cases, the whole thing…
Bypassing Private Equity to Get a Slice of the Big Deal
