Private-equity investors have learned from past recessions and hope to keep commitments to the asset class steady no matter what 2023 throws at them, according to participants at the International Private Equity Market conference in Cannes, France.
Recent downturns, particularly the financial crisis of 2007 through 2009, have persuaded many institutional investors that slumps can be the best times to commit to private funds. Most institutions that invest in private equity aim to continue putting money into new funds at a steady…