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Private equity set to overtake banks for turnaround funding

25th October 2012

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Brendan McGeever, corporate restructuring partner in the Birmingham office of Gateley

Brendan McGeever, corporate restructuring partner in the Birmingham office of Gateley

PRIVATE equity investment is set to play a bigger part in funding turnaround deals and restructuring packages in the next two years, as banks continue to reduce lending levels –industry specialists in Birmingham have predicted.According to a survey of more than 125 professionals, 91% of those questioned admitted that alternative sources of finance would become more prominent – a 39% increase on 2011 figures.  The annual research, conducted by law firm ......for the full story register now for free or login below...


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