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Our results support this conjecture , showing that creditors are more likely to be involved in the next deals with PE sponsors if they agree to work with a law firm that has a closer relationship with the PE firm in the current transaction.
He is a frequent presenter on valuation topics, and is currently a subject matter expert on the Appraisal Foundation’s working group preparing a Valuation Advisory on the Company-Specific RiskPremium. Michael is part of the industrial products industry group of the firm and co-head of U.S. Tax Valuation Services.
There are certain sectors that we think are offering better risk/reward. So, credit spreads have gotten so tight and so compressed that there’s not much of a cyclical riskpremium. You’re not being rewarded as an investor for taking on that extra risk given how tight spreads have become.
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