Private equity executives - and their advisers - were in their element last year, with more deals coming through than they knew what to do with. Post-August that's changed, with deal flow all but drying up on the back of a scarcity of debt finance.
This Private Equity Special Report examines the current state of the private equity market and asks whether private equity houses can continue to thrive despite the ongoing illiquidity.
It looks at the role of hedge funds in the private equity space and the differences and similarities between the two, especially since deals such as Malcolm Glazer's hedge fund-backed and controversial acquisition of Manchester United FC raised the stakes.
The final article examines the hot potato that is 'non-doms' and discusses what the ongoing controversy means for tax lawyers.
Meanwhile, on www.thelawyer.com we look at possible conflicts of interest in the market after rule-fixing legislation comes into play this October.