Commentary

Jon Moulton: Smooth-talking insiders have taken over from gnarled private equity pros

Predictions about the future of private equity are being written by PR teams and designed to keep investors happy

'Brokers with all their analytical resources are terrible forecasters'
'Brokers with all their analytical resources are terrible forecasters' Photo: Getty Images

Veteran financier Jon Moulton has been involved in buyouts, turnarounds and venture capital since 1979 with firms such as CVC, Permira, Apax, Alchemy, and Better Capital, where he has been chair since 2009

Many people in the private equity media and participants in the industry have recently made their predictions about what will happen in 2023. I’ve read about a dozen of these articles with perhaps 100 private equity investors and advisers airing their views.

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