Nearly 9 out of 10 CEOs with experience leading businesses in excess of $100 million, and who have an interest in private equity, are optimistic about the year ahead. More than half say that the current economic environment will create attractive buying opportunities in 2009.
These are among the findings of a survey conducted by Notch Partners among 166 of their Notch Partners Private Equity CEO Council (NPPECC). Notch Partners (www.notchpartners.com) is a human capital services firm that facilitates relationships between private equity firms and industry leading CEOs.
The CEOs were evenly split as to whether the current economic slowdown will force long-term structural changes to the private equity industry. Half still viewed the credit crunch as a temporary phenomenon which will improve by 2010.
And 92% of the CEOs surveyed are personally attracted to private equity as a career option. In fact 78% felt that leading a private equity-backed company was a more attractive career option than running a publicly-owned business.
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