Record PE vehicles make fundraising challenging for smaller managers: Chris Leahy, Blackpeak

Chris Leahy, Co-Founder of Blackpeak (Holdings)

With private equity fighting rising deal valuations, and with record dry powder chasing too few attractive deals, Chris Leahy, co-founder of Blackpeak (Holdings), is of the view that vintages of PE funds maturing in the next five years are set to be much more challenging than the previous 5-7 years, during which a lot of more financial engineering was possible.

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