Buyouts
As the private equity industry's stockpile of committed capital continues to rise and limited partners chip in larger amounts to new deals as co-investments, Bain & Comapny sees no relief for the high prices general partners are paying for assets. For the “foreseeable future, that's going to be the future of the industry,” said Hugh MacArthur, a partner with Bain who leads the firm's global private equity practice. “The world is just awash in financial capital, and financial capital has been growing at a very rapid rate the last couple decades.”