global financial crisis
9 statements across 9 episodes · 6 bullish · 1 bearish · 9 people on the record · first statement Apr 9, 2020 by Steve Nelson · across every show →
Everything said about global financial crisis, oldest first
Apr 9, 2020 neutral
Nelson: Many LPs entered the COVID crisis at target PE allocations
“A lot of organizations came into this current period, either, either at or very close to their desired allocations within private equity. And I think that makes the situation a little bit different than what we saw with the global financial crisis.”
Dec 13, 2021 neutral
Zook used subprime short profits to fund a 2009 distressed buying spree
“So in 2009, 2010, we were clearly contrarian when we were buying up everything that had gotten destroyed during the global financial crisis. But because we shorted subprime, we literally had the benefit of all of this cash coming into us”
Oct 6, 2022 bullish
Acker: Over 200 biotech companies traded below cash after the 2022 crash
“Now, after that, you get to a point where actually 200 different companies were trading below the levels of cash on their balance sheet. That's highly unusual. We've never seen that before, even going back to The global financial crisis and the bear market, th…”
Dec 15, 2022 positive
Geremia: Combining credit and equity analysts protected MFS in 2008
“It was the greatest differentiator for us in the global financial crisis. We could see our fixed income team knew and understood and started to understand the issues, especially in the financial sector, and really said, there's a lot of stuff here we can't val…”
Jan 9, 2023 positive
Persisting with hostile clients during financial crises builds enduring relationships
“Those early days of the financial crisis were scary, but it also ended up being incredibly character building because you go out there while you're probably the pariah to society and you go and build relationships with clients who are predisposed to not want t…”
Feb 27, 2023 positive
Kayden: Post-dot-com and GFC downturns produced the best venture vintages
“The last time we had a significant correction in venture post the collapse of the internet bubble and people stopped investing in venture, those ended up being the best vintages, particularly, you know, some of the investments that were made during the global …”
Apr 11, 2024 bullish
CLO equity returns reached the high 20s during the Global Financial Crisis
“And then if you were in contrast, an investor in CLO equity through the financial crisis on a buy and hold basis, a lot of the equity in those deals return high, 20% returns and the debt in the CLOs defaults rarely as well.”
Jun 12, 2025 negative
Post-GFC Bureaucracy at Goldman Sachs Made Small Deals Difficult
“Mine was a few years after the GFC. It just became really tough to do small deals. Number of committees had grown. There was more pressure to write checks that were larger, that were worth the Time and effort to justify the incremental bureaucracy and addition…”
May 25, 2026 positive
Kim: PE megafunds scaled by capitalizing on the 2009 financial crisis
“When 2009 came around, there was a set of very large funds. The market went into a nuclear winter, but those mega funds already had great fundraisers and they were going out and servicing clients and making sure that they knew what was going on and the global …”