KKR CEO: Don't believe ‘private equity is dead' narrative
Scott Nuttall, the global co-chief executive of US private equity giant KKR, has dismissed suggestions the sector is facing a reckoning due to falling investor returns and a dearth of deals, but has warned there will be a growing gap between those firms that can manage through higher-for-longer rates and inflation and those that binged on expensive investments during the COVID-19 pandemic.
Data released this week by consulting firm Bain & Co showed that after a strong deal activity in the March quarter, deal volumes plunged 24 per cent in April and uncertainty from US President Donald Trump's tariff policy rocked global markets.
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