Private Equity: Why Smaller Companies Are In Vogue
Andrea Auerbach
Global Head of Private Investments
In this article by Private Equity International, Andrea Auerbach explains why size can be the “frenemy” of portfolio company performance. In today’s quieter market, occurring at a time when managers may have to work harder to generate returns (and hopefully more liquidity) for investors, it seems that smaller companies are in vogue, with operating characteristics that benefit funds of all sizes.
Andrea Auerbach - Andrea Auerbach is the Global Head of Private Investments and a Partner at Cambridge Associates.