Aaron Sack, Head of Morgan Stanley Capital Partners, discusses macroeconomic shifts and their implications for middle-market private equity.
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“And the good news, it could be a long expansion, because it's certainly not going to be terribly vibrant, but it could be a ten-year slow expansion during which new business formation happens.”
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More from Aaron Sack
AssertionSupported
Sack: Middle-market private equity has never acquired businesses primarily with debt
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Insight
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Insight
Sack: Leaving internal sponsors at Goldman means breaking snow alone
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Insight
Sack: Business owners struggle to differentiate between middle-market PE firms
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Opinion
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Opinion
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“The concept of being a generalist is very out of vogue. Frankly, it's a tough story.”
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