Key signs point to a pickup in private equity (PE) activity in 2014 and optimism is running strong, according to a survey of 100 PE firms and 1,600 corporations by EY and the Economist Intelligence Unit. Some reasons for the optimism: The world economy is forecast to grow faster — by about a half of a percentage point over 2013, many economic forecasters say; there is plenty of cash available for deals; and the number of mergers and acquisitions – which often stoke PE activity — is expected to rise. What’s more, investor interest in BRICS countries and emerging markets also is increasing. To learn more, Knowledge at Wharton interviewed Michael Rogers, EY’s global deputy sector leader for private equity, and Stephen M. Sammut, a senior fellow and lecturer at Wharton, for this podcast.

Comments

New This Week

Greenhushing: When Firms Do More Than They Say

Greenhushing: When Firms Do More Than They Say

September 8, 20265 min read

Some companies downplay their environmental efforts, a practice known as greenhushing. A new working paper co-authored by Wharton’s Serguei Netessine finds that this gap between what firms say and what they do is associated with higher subsequent abnormal stock returns.

AI Is Producing More Software. Why Isn’t It Being Used?

AI Is Producing More Software. Why Isn’t It Being Used?

September 8, 20264 min read

A Wharton study finds that while AI dramatically speeds up software development, human bottlenecks prevent many of those gains from reaching customers.

The Hidden Financial Risks of the AI Boom
Podcast

The Hidden Financial Risks of the AI Boom

September 4, 202613 min listen

Joao Gomes, Wharton professor of finance and senior vice dean of research, centers, and academic initiatives, explains why the Federal Reserve needs to pay closer attention to how the massive AI boom is being financed.