No one knows when or how the private equity market will slow down, but most suspect that eventually it will. This article outlines some steps that equity sponsor groups, senior secured lenders and subordinated lenders can take to prepare for a downturn.
Stan Johnson heads the Private Equity Group and is based in New York. He can be reached at firstname.lastname@example.org. Greg Schwed is a partner in the Bankruptcy, Restructuring and Creditors' Rights Group. He also works in New York and can be reached at email@example.com.
This article was first printed in the April 16, 2007 edition of Buyouts Magazine. Permission for article reprint has been granted.