Does size matter? In US LBO, yes.
This issue of FrontLine makes a comparison of return profiles and cash flow schedules of different types of LBO funds …
Capital commitments have continued strongly since the Brexit vote in mid-2016, with deployment becoming more stable from 2016 onwards, compared with the trend seen over the previous three years. A “wait and see” approach has then led to a significant decrease in RVPIs over the last three years.
The actual Brexit will lead to further disruptions. Will this trigger a wave of new investments? Once the outcome of the negotiations is known, it seems likely that British fund managers will capitalize on this expected major economic disruption.