Private equity fund of funds Adveq believes that investors are today, and for the first time, facing the prospect of a tripolar private equity investment world in which each of the three major private equity regions – the USA, Europe and Asia – will operate on the basis of their own rules. In addition, and as a consequence of the economic crisis, valuations, refinancing arrangements and exit markets will present the most significant challenges for the sector in the future, according to Adveq.
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