Private equity has received a lot of attention in recent months, as many investors sought out PE for protection from the rout in the public markets and hedge funds launched hybrid vehicles with PE as part of the action.
Funding for startups in the more speculative parts of the market has suddenly become scarce, with The Wall Street Journal describing venture capital firms as newly "stingy." Private equity firms are seeing an opportunity to either acquire assets cheaply or invest in companies at more attractive valuations when they need to raise capital during challenging times like this.