Private equity is back

Economist runs a story "The barbarians are coming, again" (link). The article not only briefs the woes of PE industry off late but also sheds some light on the hopes of recovery as seen by PE players. View points like this

"The first area to see an increase in dealmaking is likely to be “roll-ups”, in which firms already backed by private equity will consolidate fragmented industries by buying small competitors from their troubled owners"

certainly makes the story an interesting read.